Airbus Helicopters Reports Stable Financials for 2013

 - February 26, 2014, 7:25 PM

Airbus Helicopters saw stable revenues and profit last year: €6.3 billion ($8.7 billion) and €397 million ($546 million), respectively, according to the financial results Airbus Group unveiled on Wednesday in Toulouse. The company delivered 497 helicopters and recorded orders for 422 more, compared with 469 the previous year. However, the value of the orders increased year over year, by 7 percent, to €5.8 billion ($7.9 billion). The civil market accounted for 55 percent of revenues. The backlog, as of December 31, stood at 995 helicopters worth €12.4 billion ($17 billion). The manufacturer spent €306 million ($421 million) in research and development last year.