Thursday, July 26, 2018

Airbus Q2 Net Profit Down, EBIT Climbs, Backs FY18 View; Stock Up

Shares of Airbus Group SE were gaining around 5 percent in Paris trading after the aerospace and defense major reported Thursday higher second-quarter EBIT, a key earnings metric, with strong revenues. Net profit, meanwhile, dropped sharply on negative currency and higher tax. Further, the company maintained its fiscal 2018 view.

from RTT - Earnings https://ift.tt/2NJp6R4
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