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

AIRBUS SE (AIR)
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Airbus : in talks on 70-80 million euro deal to end German probe -paper

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01/14/2018 | 01:24pm CEST
An Airbus logo is pictured during the delivery of the new Airbus A380 aircraft to Singapore Airlines at the French headquarters of aircraft company Airbus in Colomiers

FRANKFURT (Reuters) - Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspaper reported.

Sueddeutsche Zeitung, citing unnamed sources close to Airbus, said the talks could lead the state prosecutor's office in Munich to drop its inquiries into the 2003 sale of 15 planes to Austria for about 1.7 billion euros.

Airbus declined to comment on the report on Sunday, while the Munich prosecutor's office was not available to comment.

The newspaper report followed an Airbus statement on Saturday in which the company said it was talking to Munich prosecutors about "the potential termination of the investigation".

The company had also announced on Saturday that it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992.

($1 = 0.8201 euros)

(Reporting by Douglas Busvine; Editing by David Goodman)

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Financials (€)
Sales 2018 63 861 M
EBIT 2018 5 084 M
Net income 2018 3 392 M
Finance 2018 12 990 M
Yield 2018 1,65%
P/E ratio 2018 24,51
P/E ratio 2019 19,38
EV / Sales 2018 1,09x
EV / Sales 2019 0,97x
Capitalization 82 644 M
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Mean consensus OUTPERFORM
Number of Analysts 25
Average target price 117 €
Spread / Average Target 9,9%
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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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