...A. Highlights: Made good progress despite industrial challenges and complex geopolitical environment. 1. 2. Commercial Aircraft: Record 863 deliveries, ramping up production by approx. 8%. a. 3. Adjusted deliveries guidance during year. 4. Demonstrated strong underlying financial performance. 5. EBIT adjusted EUR6.9b, up 19% YonY. 6. Free cash flow before M&A and customer financing EUR3.5b, up 21% YonY. 7. Addressed some key files. First, compliance. a. i. Co. has reached final agreements with French NF, Parquet National Financier, UK SFO, Serious Fraud Office, US Department of Justice and Department of State, resolving investigations into Co. and agreed to pay penalties of EUR3.6b plus interest and costs. ii. Corresponding charge has been recorded in 2019 accounts. iii. These agreements represent a important milestone. 8. A400M: Rebaselined program and made significant progress on technical capabilities. a. b. Outlook is increasingly challenging on exports during launch contract phase...
