Headline H1 figures: Airbus posted flat H1 revenues at €29bn, while EBIT before one-offs fell 11% to €1,684m from €1,883m. Reported EBIT was €172m higher at €1.86bn, impacted by a long list of one-offs, both positives and negatives. On the negative front, both the A400M and A350 programmes recognised negative charges to the tune of €1.026bn and €385m respectively. In addition, PDP and the balance sheet revaluation were negatively impacted by the dollar stren
29 Jul 2016
A400M uncertainty lifted... but no financial improvement until Q4
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A400M uncertainty lifted... but no financial improvement until Q4
Airbus SE (AIR:WBO) | 0 0 2.7% | Mkt Cap: 73,784m
- Published:
29 Jul 2016 -
Author:
Thomas Picherit -
Pages:
3
Headline H1 figures: Airbus posted flat H1 revenues at €29bn, while EBIT before one-offs fell 11% to €1,684m from €1,883m. Reported EBIT was €172m higher at €1.86bn, impacted by a long list of one-offs, both positives and negatives. On the negative front, both the A400M and A350 programmes recognised negative charges to the tune of €1.026bn and €385m respectively. In addition, PDP and the balance sheet revaluation were negatively impacted by the dollar stren