Boeing Reports First-Quarter 2005 Results; Reaffirms Outlook
“First-quarter results reflect continued strong operational and financial performance acoss our businesses and demonstrate that the 160,000 people of Boeing remain keenly focused on delivering value to customers and shareholders,” said Boeing President and CEO James Bell. “Integrated Defense Systems delivered outstanding margins as it continued to execute well on its broad portfolio of defense, space, and intelligence programs. Commmercial Airplanes generated strong operating performance while capturing over 250 new orders and commitments as the commercial airplane market continues to recover. Our cash flow remains very strong, driven by solid earnings and excellent working capital performance. I am pleased that the entire Boeing team remains focused on business execution, demonstrating our commitment to integrity and growing the business.”
Financial Highlights:
· Earnings Per Share (EPS)
- $0.66
· Revenue
- $13.0 billion
· Operating Cash Flow
- $1.4 billion, after contributing $455 million to pension plans
Operating Highlights:
· Integrated Defense Systems (IDS)
- IDS delivered outstanding margins through strong program execution; signed $6 billion extension to U.S. Army’s Future Combat Systems program; rolled out first F-15K for the Republic of Korea Air Force and the first 767 Tanker for the Italian Air Force.
· Boeing Commercial Airplanes (BCA)
- BCA delivered strong performance on deliveries of 70 airplanes; earned major additional order commitments including 65 787 airplanes and 123 737 NG airplanes from 11 airlines around the world; completed first flight of the 777-200LR, the world’s longest-range commercial airplane.
· Other Boeing businesses
- Boeing Capital continued to support Boeing's core businesses and reduce portfolio risk; Connexion by Boeing signed three new airline customers and began offering maritime service.
연락처
보잉 코리아 김지희 상무 (02-773-2491), 뉴스커뮤니케이션스 김귀남/문혜영 (02-319-2112)
