Airbus Q1 core profit down 52pc, reaffirms targets

27 Apr, 2017

The world's second-largest planemaker after Boeing said adjusted operating profit fell to 240 million euros  ($261.7 million), while revenues rose 7 percent to 12.988 billion euros.

Analysts were on average expecting adjusted operating income of 344 million euros, down 31 percent, and 5.5 percent higher revenues of 12.857 billion, according to a Reuters poll.

Copyright Reuters, 2017

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