Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Airbus Group : Probable bonne surprise sur le FCF 2018… en attendant des éclaircissements sur l’allocation de capital

>L’atteinte de l’objectif de livraisons garantit le respect des guidances 2018… - Avec 297 livraisons au T4 (y compris 12 A220) dont 164 A320neo, nous tablons sur un EBIT groupe en hausse de 19% à 2 426 M€ dont i/ 2 018 M€ pour Airbus Commercial porté notamment par un effet change favorable (5 cents), un effet volume et mix positif (c390 M€e en bridge) et une amélioration de l’A350 (c300 M€) ; ii/ 506 M€ d’EBIT (+7%) pour D&S ; iii/ 139 M€ (+61%) pour Helicopters avec...
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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