We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Airbus SE | EU:AIR | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.46 | -0.92% | 157.06 | 157.00 | 157.70 | 158.38 | 153.72 | 158.00 | 1,451,375 | 16:40:00 |
From Apr 2021 to Apr 2024
By Olivia Bugault
Airbus SE swung to net profit in its first quarter, the company said Thursday as it confirmed its guidance for 2021.
Net profit stood at 362 million euros ($438.9 million), compared with a net loss of EUR481 million a year earlier. Revenue fell 2% to EUR10.46 billion.
Airbus's more closely watched adjusted earnings before interest and taxes more than doubled during the first three months of the year to EUR694 million from EUR281 million, it said.
The increase in earnings is mainly due to good cost and cash control, as well as the 125 commercial planes delivered during the period and restructuring progress, the company said.
However, "the first quarter shows that the crisis is not yet over for our industry, and that the market remains uncertain," Airbus Chief Executive Guillaume Faury said.
The aerospace giant confirmed its guidance for 2021, including its target to at least match the 566 deliveries it made last year.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
April 29, 2021 01:10 ET (05:10 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
1 Year Airbus Chart |
1 Month Airbus Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
