Report
Olfa Taamallah ...
  • Yan Derocles

Airbus Group : Q3 2021 under control

>Q3 less dynamic...as expected - Unsurprisingly, Q3 (publication 28 October) is expected to show a deterioration in profitability vs the first two quarters of the year. We forecast adjusted EBIT of € 576m for sales of € 11.6bn, i.e. a margin of 5% (-234bp vs Q3 2020). For Airbus Commercial, we forecast adjusted EBIT of € 420m, notably including i/ an unfavourable forex effect of 3 cents vs Q3 2020, ii/ an unfavourable volume/mix effect of around € 205m with the delive...
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

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