April 2, 2013
Pilatus Aircraft reports operating profit of CHF38m in 2012
Pilatus Aircraft, based in Switzerland, announced positive annual results for 2012, despite turnover and operating profit decreasing as expected compared with the previous year. Thanks to three major orders received totalling over CHF2.2bn, Pilatus is well-prepared for the future. In the past year alone, the number of employees at the headquarters in Stans grew by 10% to 1433. In 2012, Pilatus achieved a gross turnover of CHF593m and an operating profit (EBIT) of CHF38m. At CHF68m, investment in research and development was higher than ever. The order intake increased to total CHF2.7bn. This includes three major orders from India (75 PC-7 MkII), Saudi Arabia (55 PC-21) and Qatar (24 P C-21). The level of orders in 2012 was greater than that of the previous four years combined, making it the largest in Pilatus‘s history. Current orders will secure enough work for Pilatus over the next four years. In addition to these major orders, the military training aircraft sector also saw two projects, for the UAE and Botswana, success fully delivered. In general, military business for Pilatus is experiencing very positive growth and is currently the mainstay of the company.