Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Airbus Group : Is 2020 set to be a year of transition?

>Solid Q3 beyond the adjustment of deliveries - The more cautious tone adopted by the company on the ramp-up phase for the A321 ACF in the last few weeks along with the announcements of delays to deliveries by airlines had paved the way for a reduction in the target for deliveries in 2019. The surprise (adjustment of 20-30 aircraft with a corollary impact on FCF of around € 1bn) was therefore limited overall. Besides this adjustment, investors chose to focus on the s...
Underlying
Airbus SE

Airbus is an European Aeronautic Defense and Space company whose core business is the manufacturing of commercial aircraft, civil and military helicopters, commercial space launch vehicles, missiles, military aircraft, satellites and defense systems and defense electronics and the rendering of services related to these activities. Co. organizes its businesses into the following five operating divisions: Airbus Commercial, Airbus Military, Eurocopter, Cassidian and Astrium. In addition, Co.'s Other Businesses division engages in the development, manufacturing, marketing and sale of regional turboprop aircraft and aircraft components.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Antoine Boivin-Champeaux

Yan Derocles

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