HALISTER: Airbus 1Q Profit Beats Est.; Forecast Maintained

Airbus 1Q Profit Beats Est.; Forecast Maintained

(Bloomberg) -- Airbus 1Q Ebit before one offs EU501m, est. EU473m.
  • Rev.EU12b, est. EU12.04b.
  • Outlook for 2016 confirmed; A400M has gearbox issues, A350 progressing, increasingly challenging
    • In February, co forecast stable 2016 Ebit and EPS before one- offs, stable free cash flow; >650 aircraft deliveries
  • Statement
  • Call/Webcast at 8:30am CET
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Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
AIR FP (Airbus Group SE)

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UUID: 7947283