Airbus reported quite weak results in a quarter that is usually one of the smallest of the year. Actually, the top-line stayed stable compared to the previous year’s Q3 with a total revenue decline of 1% to €13.95bn. On the contrary, the company reported a quite weak EBIT before one-offs (bo-o). All three divisions being concerned by this relatively poor performance lead the total EBIT bo-o to decrease by 21% to €731m. This re-inforces the EBIT decrease this year because it wa
26 Oct 2016
Lesser headwinds than expected and confirmed guidance
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Lesser headwinds than expected and confirmed guidance
Airbus SE (AIR:WBO) | 0 0 2.7% | Mkt Cap: 73,784m
- Published:
26 Oct 2016 -
Author:
Lionel Pellicer -
Pages:
3
Airbus reported quite weak results in a quarter that is usually one of the smallest of the year. Actually, the top-line stayed stable compared to the previous year’s Q3 with a total revenue decline of 1% to €13.95bn. On the contrary, the company reported a quite weak EBIT before one-offs (bo-o). All three divisions being concerned by this relatively poor performance lead the total EBIT bo-o to decrease by 21% to €731m. This re-inforces the EBIT decrease this year because it wa