Arab Today, arab today airbus group profits up 34 in first half 2015
Last Updated : GMT 18:35:19
Arab Today, arab today
Arab Today, arab today

Airbus Group profits up 34% in first half 2015

Arab Today, arab today

Arab Today, arab today Airbus Group profits up 34% in first half 2015

Airbus Group's net profits climbed 34 percent to 1.5 billion euros
Paris - AFP

Airbus Group's net profits climbed 34 percent in the first half of the year to 1.5 billion euros ($1.6 billion), bolstered by the sale of its stake in fighter jet maker Dassault Aviation, the European aeronautics giant said Friday.

The group's results included a charge of 290 million euros related to the Airbus A400M military transporter programme, which suffered a setback after one of the airlifters crashed during a test flight near the Spanish city of Seville in May, killing four people.

The costs incurred by the accident, which saw the A400M briefly grounded, were offset by a net gain of 748 million euros from the sale of the group's 18.75 percent share in business and fighter plane constructor Dassault Aviation.

"The half-year underlying results reflect our continued focus on programme execution and operational efficiency," said Airbus Group chief executive Tom Enders in a statement.

"Revenues, profitability and cash generation all improved, and the overall financial performance means we are on track to deliver our 2015 guidance."

Group revenues were up six percent compared with the same period in 2014 to 28.9 billion euros, buoyed by strong sales of commercial aircraft.

Airbus received 348 net orders for commercial planes in the first six months, compared with 290 for the first half of 2014. 

Meanwhile, the value of the orders booked by Airbus Defence and Space was up 40 percent.

Airbus is aiming for higher revenues and a slight increase in net profits this year. The group also hopes to increase its earnings per share and dividends.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today airbus group profits up 34 in first half 2015 Arab Today, arab today airbus group profits up 34 in first half 2015

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today airbus group profits up 34 in first half 2015 Arab Today, arab today airbus group profits up 34 in first half 2015

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday