Report
Olfa Taamallah ...
  • Yan Derocles

Airbus Group : Preview 2023 – La préparation du futur pèse sur le T4 mais le FCF s’envole

>L’accélération des recrutements pèse sur le T4 2023… - Sur 2023, nous avons révisé à la baisse notre EBIT Ajusté (-3.8%) essentiellement afin de refléter un poids plus important que prévu initialement de l’accélération des recrutements visant à assurer la montée en cadence à venir sur l’activité civile. Nous modélisons un EBIT Ajusté de 5 943 M€ (vs guidance de 6 Md€) pour un CA de 64.2 Md€, soit une marge de 9.3% (-32pb). Sur le seul T4 2023, l’EBIT Ajusté devrait r...
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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