BOC Aviation Earnings Call Transcripts
Fiscal Year 2025
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Net profit after tax reached $787M in 2025, with underlying profit up 18% to a record $746M. Revenues rose 2% to $2.6B, and the company increased its dividend payout policy to 40% of net profit. Strong liquidity, robust aircraft demand, and a record order book support long-term growth.
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Net profit after tax reached $342 million for H1 2025, with revenues up 6% to $1.2 billion and a record order book supporting long-term growth. Strong cash flow, improved lease yields, and robust market demand underpin a positive outlook despite ongoing supply constraints.
Fiscal Year 2024
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Record net profit and revenues were driven by strong leasing activity, aircraft sales, and insurance recoveries. Tight aircraft supply and robust airline demand are supporting higher lease rates and values, with 2025 CAPEX and delivery guidance maintained at elevated levels.
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Record H1 2024 net profit of $460M driven by strong core business and asset recoveries, with revenues up 11% and robust cash flow. Aircraft delivery delays persist, but high demand and lease rates support a positive outlook for 2024-25.