Report
Olfa Taamallah ...
  • Yan Derocles

Airbus Group : A reassuring Q1 buoyed by a combination of volumes/mix/cost base

>Towards one of the best first quarters...by neutralising the forex and Russia effect - Airbus is due to publish its Q1 2022 results on the evening of 4 May, and we expect a reassuring publication. Despite headwinds, we forecast adjusted EBIT growth of 4.5% to € 726m for sales of € 11.9m, i.e. a margin of 6.1% (-54bp). For Airbus Commercial, we have modelled an 8.4% (-66bp) increase in adjusted EBIT to € 578m, despite i/ a negative forex effect of 8 cents, the stronge...
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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