Report
Olfa Taamallah ...
  • Yan Derocles

Airbus Group : A solid Q1 in prospect thanks to favourable phasing, but not just that …

>Q1 2021 figures expected to be solid, partly thanks to phasing - For Q1 2021, which will be reported on 29 April before trading, we forecast adjusted EBIT of € 594m (vs € 281m in Q1 2020) for sales of € 10.264bn, or a margin of 5.8%. This adjusted EBIT level, which is more than twice that of Q1 2020, is attributable to structural efforts but also favourable phasing. For Airbus commercial, we model adjusted EBIT of € 503m (vs € 191m in Q1 2020), thanks to: i/ a favo...
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
Olfa Taamallah

Yan Derocles

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch