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波音公司The Boeing Company(BA)2025年第二季度财报电话会议纪要「NYSE」(英文版)(18页).pdf

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1、 Corrected Transcript 1-877-FACTSET Total Pages:18 Copyright 2001-2025 FactSet CallStreet,LLC 29-Jul-2025 The Boeing Co.(BA)Q2 2025 Earnings Call The Boeing Co.(BA)Q2 2025 Earnings Call Corrected Transcript 29-Jul-2025 1-877-FACTSET 2 Copyright 2001-2025 FactSet CallStreet,LLC CORPORATE PARTICIPANTS

2、 Eric Hill Vice President-Investor Relations,The Boeing Co.Robert Kelly Ortberg President,Chief Executive Officer&Director,The Boeing Co.Brian J.West Chief Financial Officer&Executive Vice President-Finance,The Boeing Co.OTHER PARTICIPANTS Myles Walton Analyst,Wolfe Research LLC Sheila Kahyaoglu Ana

3、lyst,Jefferies LLC Peter J.Arment Analyst,Robert W.Baird&Co.,Inc.David Strauss Analyst,Barclays Capital,Inc.Ronald J.Epstein Analyst,BofA Securities,Inc.Douglas S.Harned Analyst,Bernstein Institutional Services LLC Seth M.Seifman Analyst,JPMorgan Securities LLC Ken Herbert Analyst,RBC Capital Market

4、s LLC Noah Poponak Analyst,Goldman Sachs&Co.LLC Scott Deuschle Analyst,Deutsche Bank Securities,Inc.Kristine Tan Liwag Analyst,Morgan Stanley&Co.LLC The Boeing Co.(BA)Q2 2025 Earnings Call Corrected Transcript 29-Jul-2025 1-877-FACTSET 3 Copyright 2001-2025 FactSet CallStreet,LLC MANAGEMENT DISCUSSI

5、ON SECTION Operator:Thank you for standing by.Good day,everyone,and welcome to The Boeing Companys Second Quarter 2025 Earnings Conference Call.At this time,all participants are in a listen-only mode.Please be advised that todays call is being recorded.The management discussion and slide presentatio

6、n,plus the analyst question-and-answer session,are being broadcast live over the Internet.Operator Instructions At this time,I am turning the call over to Mr.Eric Hill,Vice President of Investor Relations,for opening remarks and introductions.Mr.Hill,please go ahead.Eric Hill Vice President-Investor

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1. **业绩表现**:Q2营收227亿美元(同比+35%),核心每股亏损1.24美元;上半年交付280架飞机(2018年以来同期最高),737月产达38架,787月产7架。 2. **订单与 backlog**:BCA净订单455架(含卡塔尔航120架787、英航32架787-10),总订单积压5220亿美元(覆盖超7年生产)。 3. **项目进展**:777X完成1400次试飞;737-7/10因发动机除冰问题推迟至2026年认证,不影响生产计划;BDS获190亿美元订单,积压740亿美元。 4. **现金流与财务**:Q2自由现金流使用2亿美元,全年预期约3亿美元;现金及等价物230亿美元,债务533亿美元。 5. **贸易与文化**:美欧达成零关税协议利好供应链;推行新绩效管理强化问责制,CEO Ortberg感谢即将离任的CFO West。
波音交付量增长? 777X进展如何? 贸易协议影响?
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