SEO Title
Russian Helicopters Discloses 2013 Performance
Subtitle
Revenues and earnings were up on the previous year’s figures, but deliveries declined.
Subject Area
Business Aviation
Channel
Rotorcraft
Teaser Text
Revenues and earnings were up on the previous year’s figures, but deliveries declined.
Content Body

Russian Helicopters has disclosed numbers on its financial and commercial performance last year. Revenue grew by 10 percent, to RUB138.3 billion ($3.9 billion), while earnings (Ebitda) rose 27 percent to RUB26.3 billion ($737 million), representing a margin of 19 percent. Deliveries, however, declined slightly, at 275 aircraft. CEO Alexander Mikheev attributed the negative change to rescheduling of deliveries. The backlog, as of December 31, totaled 808 helicopters, a 5.5-percent decrease.

Expert Opinion
False
Ads Enabled
True
AIN Story ID
013aRotorcraftUpdateAINMay14EditedByAY_NM
Writer(s) - Credited
Thierry Dubois
Content Label
Rotorcraft
Publication Date (intermediate)
AIN Publication Date
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