Thursday, April 28, 2016

Airbus Q1 Profit Plunges: Stock Dips

Shares of Airbus Group N.V were losing around 6 percent in the early morning trading after the French aerospace giant reported sharp decline in its first-quarter profit on weak deliveries. Order backlog also plunged from last year. The company maintained its fiscal 2016 outlook of stable earnings, while commercial order book is expected to grow.

from RTT - Earnings http://ift.tt/1NVUnJY
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