Wednesday, October 30, 2019

Airbus Q3 Net Profit Rises; Backs FY19 Earnings View, Cuts Delivery Outlook

Airbus SE reported Wednesday higher net profit in its third quarter, while EBIT, a key earnings metric, declined with weak revenues. Looking ahead for fiscal 2019, Airbus maintained its expected increase in adjusted EBIT of approximately 15 percent compared to 2018. Airbus now targets around 860 commercial aircraft deliveries, compared to previously targeted 880 to 890 deliveries.

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