May 18, 2015
★ Turnover increased 41% to €1.399 billion
★ Net income was €3 million
★ A record year with 11 launches: 6 by Ariane 5, 4 by Soyuz, 1 by Vega
★ Continued competitive improvement plan with all our partners
Arianespace swings back to profit
Arianespace reported 2014 revenue of €1.399 billion, a 41% increase over 2013 revenue of €989 million.
The company's turnover total for 2014 reflects its operational performance, with a total of 11 launches (six by Ariane 5, four by Soyuz, one by Vega), compared with seven launches from the Guiana Space Center in 2013 (4 by Ariane 5, 2 by Soyuz, 1 by Vega), and one launch from the Baikonur Cosmodrome in Kazakhstan.
Arianespace returned back to profit, reporting a net income of €3 million.
A record year with 11 launches
Arianespace set a record in 2014 with 11 launches, using the three launch systems it operates from the Guiana Space Center in French Guiana. With six launches of Ariane 5, four by Soyuz and one by Vega, Arianespace orbited a total of 23 spacecraft:
★ Ariane 5 launched ten telecommunications satellites, along with the fifth and last ATV (Automated Transfer Vehicle), dubbed "Georges Lemaître", to bring cargo to the International Space Station.
★ Soyuz and Vega launched 12 satellites for both government and commercial customers.
Market leadership confirmed
Arianespace confirmed its world launch services leadership in 2014 by signing 14 new launch contracts, including nine for geostationary satellites using Ariane 5. In the non-geostationary market, Arianespace signed five contracts, including two dedicated launches by Ariane 5, one Soyuz launch, one Vega launch and an auxiliary payload to be launched by either Vega or Soyuz.
Continued improvement in Ariane 5 competitiveness, and the Soyuz and Vega launch systems
2014 also marked another major step forward in continued efforts to reduce the cost of the launchers operated by Arianespace. The goal determined with its partners is to further improve Ariane 5's competitiveness before Ariane 6 enters service, and to continue efforts already under way for the exploitation of Soyuz and Vega.
Commenting on these results, Arianespace Chairman and CEO Stéphane Israël said: "The record number of launches logged by our family of Ariane 5, Soyuz and Vega launchers, in 2014 enabled us to significantly increase our revenues and came back to positive results. With 2014 revenue of €1.399 billion, Arianespace achieved the second best revenue in its history. These results are the fruit of the engagement and professionalism of the employees of Arianespace and of all its partners.
To ensure our continued success and sustain our world leadership, we have also set up a cost reduction plan in conjunction with all partners. This approach should enable us to improve our competitiveness even before the start of Ariane 6, while preserving the exceptional reliability and availability of our launch services.”