Report
Olfa Taamallah ...
  • Yan Derocles

Airbus Group : A welcome re-set

>Warning on FY 2024 results and production rate of 75 pushed back to 2027 - Airbus has revised down its targets for FY 2024, now anticipating the delivery of around 770 aircraft (vs around 800 previously), adjusted EBIT of € 5.5bn (vs a range of € 6.5bn to € 7bn previously) and adjusted FCF of c.€ 3.5bn (vs c.€ 4bn previously). The Visible Alpha consensus was forecasting 804 deliveries, adjusted EBIT of € 6,720m and FCF of € 4,306m (i.e. a delta of -4.2%, -18.2% and ...
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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