Airbus Earnings $AIR (+3.4%)

Airbus generated revenues of 28.8 billion euros (previous year 27.7 billion) and a profit of 825 million (previous year 1.53 billion) in the first half of the year. Adjusted EBIT amounted to 1.39 billion after 2.62 billion in the previous year.

Airbus: second quarter revenues of 16.0 billion euros (previous year 15.9 billion), adjusted EBIT of 814 million (previous year 1.85 billion, consensus 699 million).

Airbus continues to expect to deliver around 770 aircraft in the current year and also expects adjusted EBIT to remain at EUR 5.5 billion and free cash flow at around EUR 3.5 billion.