Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Airbus Group : Waiting for the veil to finally be lifted on the composition of the new management team

>A solid Q3 which provides a cushion for Q4 - Airbus has published very solid Q3 2018 results with adjusted EBIT of € 1,576m (+162%), i.e. a margin of 10.2%, in line with our estimates but 12% above the consensus. Over and above a lower level of investment in digital (but which will be caught up in Q4), this performance stems from Airbus Commercial which posted a 168% increase in adjusted EBIT to € 1,473m, notably driven by 1/ a volume/mix effect thanks to an addition...
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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