Airbus reports Nine-Month (9m) 2020 results
jueves, 29 de octubre de 2020
- Global air travel recovery slower than anticipated
- Cash containment and business adaptation on track
- 9m revenues € 30.2 billion; 9m EBIT Adjusted € -0.1 billion
- 9m EBIT (reported) € -2.2 billion; 9m loss per share (reported) € -3.43
- Restructuring provision of € -1.2 billion recognised in EBIT (reported)
- 9m free cash flow before M&A and customer financing € -11.8 billion
- Strong liquidity underpins business resilience and flexibility
- Q3 performance: convergence of production and deliveries, free cash flow before M&A and customer financing € +0.6 billion
- Guidance issued on FCF before M&A and customer financing for fourth quarter 2020
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