Airbus Group : Favourable surprise at 2018 FCF likely… pending more information on capital allocation
>Meeting the delivery target guarantees that the 2018 guidance will be achieved… - With 297 deliveries in Q4 (including 12 A220) of which 164 A320neo, we forecast group EBIT growth of 19% to € 2,426m of which: i/ € 2,018m for Airbus Commercial driven in particular by a favourable forex effect (5 cents), a positive volumes and mix effect (approx. € 390m estimated in the bridge) and an improvement in the A350 (approx. € 300m); ii/ EBIT of € 506m (+7%) for D&S; iii/ € 13...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.
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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.