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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Airbus SE    AIR   NL0000235190

AIRBUS SE (AIR)
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Airbus : Bregier sees 2017 aircraft deliveries topping 700

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12/03/2017 | 10:06pm CEST
FILE PHOTO: The logo of Airbus Group is seen on the company's headquarters building in Toulouse

PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier said the company still expects to deliver more than 700 aircraft to customers in 2017, a production record, despite delays in deliveries of engines from suppliers, according to an interview in Monday's Les Echos newspaper.

Bregier said slightly fewer than 600 aircraft had been delivered by the end of November. "That will require a repeat of the effort made in December 2016, but we're prepared for that," he said.

"The technical problems on the new A320 engines are now solved. So we're hopeful production will ramp up as expected in 2018."

Asked about rumors of the departure of Airbus CEO Tom Enders, who has faced pressure over the conduct of an internal investigation into inaccuracies in filings with U.S. regulators over arms technology sales, Bregier said:

"Let's leave the board to take decisions."

(Reporting by Michel Rose; editing by Andrew Roche)

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Financials (€)
Sales 2018 63 827 M
EBIT 2018 4 996 M
Net income 2018 3 419 M
Finance 2018 12 467 M
Yield 2018 1,75%
P/E ratio 2018 23,02
P/E ratio 2019 18,21
EV / Sales 2018 1,02x
EV / Sales 2019 0,90x
Capitalization 77 831 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 119 €
Spread / Average Target 19%
EPS Revisions
Managers
NameTitle
Thomas Enders Chief Executive Officer & Executive Director
Denis Ranque Non-Executive Chairman
Harald Wilhelm Chief Financial Officer
Luc Hennekens Chief Information Officer
Grazia Vittadini Chief Technology Officer
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