The European aerospace corporation Airbus Group in the first half of the year reduced its net profit 2.2 times year-on-year to 496 million euros. Its profit before tax and interest payments decreased by 8%. The decrease is explained, among other things, by the acquisition of the Canadian Bombardier business. At the same time, operating profit of Airbus rose to 1 billion 162 million euros compared to the same period last year at 553 million euros. The semi-annual revenue amounted to 24 billion 970 million euros, increased by 1% in annual terms. The net volume of orders for commercial aircraft increased to 206 from 203 a year earlier, helicopters - to 143 from 151.
Airbus to cut production by 40% in two years due to the coronavirus pandemic26.06.2020
FTSE lead European stocks rally as U.K. abandons quarantine plan23.06.2020
Japan factory activity at 11-year low as pandemic presses22.06.2020
European shares drop as second virus wave unsettles investors