Irkut’s 2016 results

On 24 April 2017, Irkut Corporation issued consolidated financial statements for the year 2016, reporting a 17 per cent increase in revenue, reaching almost $1.624 billion, against $ 1.386 bn in 2015. The growth was achieved mainly through a 62 percent increase in export sales, and a gross margin in 2016 of 28 percent compared to 16 percent in 2015. The profit from operating activities in 2016 exceeded $ 121 million, which completely covered the Corporation’s year amounted to $18.219 million.

The Irkut Corporation is currently engaged in series production of Su- 30SM and Su and producing the Yak-130 lead-in new Yak-152 primary trainer. Irkut Corporation are also the prime contractor for development and commercial narrow-body airliners.