Eurocopter took in more revenue last year than in 2009 but its order book did not fare as well, the company reported in late January. While the number of deliveries increased–buoyed by the more lucrative medium-twin segment–orders dropped below a six-year average.
Total revenues grew by 6 percent to €4.8 billion ($6.6 billion) last year and Eurocopter delivered 527 helicopters, versus 528 in 2009. “The crisis has impacted light helicopters, but we handed over more medium twins and our service business grew as well,” CEO Lutz Bertling reported at the company’s annual press conference in Paris on January 24. Referring to the ongoing downturn in the helicopter industry, Bertling characterized the company’s 6-percent growth as “not a bad result in this environment.” Parent company EADS is scheduled to reveal Eurocopter’s profits later, but Bertling said the helicopter manufacturer’s margin was in the black and above the EADS average.