Textrons Airplanes Segment Should Give Wings To Its Top Line In 2020 – Forbes

Posted: January 17, 2020 at 1:41 pm


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A Cessna Citation Latitude business jet, manufactured by Cessna Aircraft Co., a unit of Textron ... [+] Inc., sits on display during a media preview day at the Singapore Airshow held at the Changi Exhibition Centre in Singapore, on Sunday, Feb. 04, 2018. Photographer: Ore Huiying/Bloomberg

Textron is a multi-industry company that designs and manufactures civilian and military helicopters, business jets, turboprop aircraft, piston-engine airplanes, golf cars, off-road and light transportation vehicles, turf care equipment, power tools, and a variety of defense products. The company also provides financing to promote sales of some of its products, including helicopters and airplanes. Trefis detail trends in Textrons Revenues over the years along with our forecast for 2019 and 2020 in an interactive dashboard, parts of which are highlighted below. We believe that the company should reverse the trend of declining revenues seen over 2018 and 2019 this year, with its top line expanding by more than 3% to $14.7 billion.

A Quick Look At Textrons Revenues

The company sells its products directly as well as through a network of independent dealers. For many of its product lines (including Bell helicopters and Cessna and Beechcraft airplanes) the company also provides maintenance, repair and overhaul services. It has 5 primary operating segments:

Its main competitors in its core markets are:

Textrons Revenues Decline In 2018, And Are Also Expected To Come In Lower For 2019

Comparing Textrons revenue trend with its peers.

For more information on how Textrons revenue growth compares with Honeywell, Boeing and Lockheed Martin, view our interactive dashboard analysis.

Revenue from Cessna & Beechcraft Airplane segment to increase by 6.3% from $5.0 Billion in 2018 to $5.3 Billion in 2019, with its share in revenue to to remain at 38% in 2019 from 36% in 2018.

Trefis

Revenue from Bell Helicopter segment to increase by 2.2% from $3.2 Billion in 2018 to $3.3 Billion in 2019, with its share in revenue to remain stable at 23% in 2019.

Additional details about how revenues for Textrons Helicopter segment have trended over the years are available in our interactive dashboard.

Revenue from Textron Systems segment to decrease by 8.2% from $1.5 Billion in 2018 to $1.3 Billion in 2019, with its share in revenue to remain stable at 10% in 2019.

Revenue from Industrial segment to decrease by 4.9% from $4.3 Billion in 2018 to $4.1 Billion in 2019, with its share in revenue to decrease to 29% in 2019 from 31% in 2018

Data around Textrons Industrial Segment Revenues over the years is available in our interactive dashboard.

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Textrons Airplanes Segment Should Give Wings To Its Top Line In 2020 - Forbes

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January 17th, 2020 at 1:41 pm

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