Airbus reports First Quarter (Q1) 2018 ...
(WorldNews Netherlands)

Backlog and commercial momentum support ramp-up plans Q1 financials reflect engine and aircraft delivery phasing Revenues EUR 10 billion; EBIT Adjusted EUR 14 million EBIT (reported) EUR 199 million; EPS (reported) EUR 0.37 Amsterdam, 27 April 2018 - Airbus SE (stock exchange symbol: AIR) reported First Quarter 2018 consolidated financial results and confirmed its guidance for the full year. `The first quarter performance reflects the shortage of A320neo engines and back-loaded aircraft deliveries as we indicated in the full-year disclosure. This is clearly shown in the financials,` said Airbus Chief Executive Officer Tom Enders. `It`s a challenging situation for all but based on the confidence...