Airbus H1 Revenue €28,800 Million; H1 EBIT €1,500 Million; H1 Adjusted EBIT €1,400 Million; H1 Adjusted Free Cash Flow €(-500 Million); H1 EPS €1.04
Portfolio Pulse from Benzinga Newsdesk
Airbus reported its H1 financial results with revenue of €28,800 million, EBIT of €1,500 million, adjusted EBIT of €1,400 million, adjusted free cash flow of €(-500 million), and EPS of €1.04.
July 30, 2024 | 3:47 pm
News sentiment analysis
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NEUTRAL IMPACT
Airbus' H1 financial results may impact Boeing as they are direct competitors in the aerospace industry.
While Airbus' results are strong, the direct impact on Boeing is less certain. Investors may watch Boeing's response to these results.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Airbus reported H1 revenue of €28,800 million, EBIT of €1,500 million, adjusted EBIT of €1,400 million, adjusted free cash flow of €(-500 million), and EPS of €1.04.
The positive EBIT and EPS figures are likely to boost investor confidence, despite the negative adjusted free cash flow. This should have a positive short-term impact on Airbus' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100