Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Airbus Group : A tense end to the year

>Q3 2018 expected to be solid - We expect Q3 2018 results to be solid with EBIT coming to € 1,561m excluding the consolidation of the A220, up 160% relative to Q3 2017, driven in particular by the fine performance at Airbus Commercial (EBIT of € 1,485m vs. € 549m in Q3 2017) thanks to: i/ a favourable volume/mix effect of € 540m est. reflecting additional deliveries of 45 A320s and 82 neo versions; ii/ a positive forex effect of around € 260m resulting from a 9-cent i...
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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