Wednesday, October 31, 2018

Airbus Stock Up On Strong 9-month Profit; Backs FY18 EBIT View

Shares of Airbus Group SE were gaining around 2 percent in Paris trading after the aerospace and defense major reported Wednesday higher profit in its first nine months of fiscal 2018. Further, the company updated commercial aircraft delivery schedule. Looking ahead for fiscal 2018, the company maintained expected EBIT Adjusted of approximately 5 billion euros.

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