Wednesday, July 27, 2016

Airbus Stock Up As Profit Climbs, Orders Down, Confirms Stable Earnings View

Shares of Airbus Group SE were gaining around 6 percent in the early morning trading in Paris after the aerospace and defense major reported Wednesday significantly higher profit in its second quarter, with positive one-offs items. Revenues, meanwhile, declined 1 percent with weakness in all segments. For fiscal 2016, the company continues to expect stable earnings per share.

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