There was an air of confidence with Airbus's FY17 results call this morning. It is refreshing its leadership team, addressing key programme issues and delivering better than expected cash performance. Guidance for FY18 indicates a 20% improvement in adjusted EBITA as the ramp-up in production continues, with required investment starting to fall away. Dividend uplift of 11% reflects confidence despite operational challenges.
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Flying with increased confidence
There was an air of confidence with Airbus's FY17 results call this morning. It is refreshing its leadership team, addressing key programme issues and delivering better than expected cash performance. Guidance for FY18 indicates a 20% improvement in adjusted EBITA as the ramp-up in production continues, with required investment starting to fall away. Dividend uplift of 11% reflects confidence despite operational challenges.