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

AIRBUS SE

(AIR)
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Airbus : adds new A321 production capabilities in France to meet strong demand

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01/21/2020 | 04:51am EST
FILE PHOTO: The logo of Airbus is pictured at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse

European planemaker Airbus said on Tuesday that it had decided to create new A321 production capacity at its French site in Toulouse, in order to cope with strong demand.

"We are enjoying an unprecedented high demand for our winning A320neo Family and especially its A321 Long Range (LR) and Xtra Long Range (XLR) derivatives," said Michael Schoellhorn, Airbus Chief Operating Officer.

Currently, the only European final assembly line for the A321 is at Airbus' Hamburg site in Germany, while the A321 is also being assembled and delivered in Alabama in the United States.

(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)

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Financials (EUR)
Sales 2020 72 983 M
EBIT 2020 7 729 M
Net income 2020 5 495 M
Finance 2020 11 795 M
Yield 2020 1,74%
P/E ratio 2020 18,5x
P/E ratio 2021 16,2x
EV / Sales2020 1,23x
EV / Sales2021 1,15x
Capitalization 102 B
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Mean consensus BUY
Number of Analysts 24
Average target price 149,21  €
Last Close Price 129,86  €
Spread / Highest target 31,7%
Spread / Average Target 14,9%
Spread / Lowest Target -7,59%
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Managers
NameTitle
Guillaume Faury Chief Executive Officer
Denis Ranque Non-Executive Chairman
Michael Schöllhorn Chief Operating Officer
Dominik Asam Chief Financial Officer
Luc Hennekens Chief Information Officer
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