Airbus reports solid results for 2022

Europe-based global major aerospace and defence group Airbus released its full year results for 2022 on Thursday. It reported total revenues of €58.763-billion for the year. This was a 13% increase over the figure for 2021. Earnings before interest and taxes (EBIT), adjusted, came to €5.627-billion, up 16% over 2021. Net income in 2022 was €4.247-billion, which was a 1% improvement over the previous year. Free cash flow came to €4.324-billion, a jump of 23% over 2021. The group’s total order ...

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