Sukhoi Posts 2014 Loss, Despite 45% Jump In Revenue

Revenues at Sukhoi Civil Aircraft (SCA) increased to 29bn rubles ($572.6m) during 2014, a 45 per cent increase year on year, however, the SSJ100 maker was unable to make an overall profit.

Revenues at Sukhoi Civil Aircraft (SCA) increased to 29bn rubles ($572.6m) during 2014, a 45 per cent increase year on year, however, the SSJ100 maker was unable to make an overall profit.

According to a statement from UAC, which owns the OEM’s majority shareholder Sukhoi Holdings, SCA posted a 4.6bn ruble ($89m) loss for last year, despite making a gross profit of 2.8bn rubles ($54m).

The statement from UAC also confirmed that there had been no significant increase in revenues generated by the OEM’s aftermarket services, which accounted for just 157m rubles ($3.1m).

However, for the first time since the start of SSJ100 production, SCA “showed a positive profit from sales”, amounting to 1.4bn rubles ($27.8m).

TAGS: Europe
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