Airbus Group : Q2 underpins FY 2024 guidance
>Q2 EBIT 16.5% ahead of expectations … - Q2 2024 adjusted EBIT came in 16.5% ahead of expectations at € 814m (ODDO BHF: € 748m, css: € 699m) for revenues of € 15.995bn, or a margin of 5.1% (-33bp excl. charge in Space division). The underlying beat is in fact even more significant as the group in the end booked a charge of € 989m in Space vs € 0.9bn initially expected by the consensus in our view. The gap relates mainly to Airbus Com with the initial effects of the ef...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.
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.
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