Arianespace Make a Profit…Sort of

Ariane 5
Ariane 5

The numbers are in on Arianespace’s 2012 profits– and they are (less than) spectacular.

EurosDollarsPercent Increase
Over 2011
Revenues1.329 billion1.75 billion31.5
Net Income
1.7 million2.22 million6
Government Subsidy70 million91.55 millionNA
Net Income Without Subsidy(68.3 million)(89.33 million) NA