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Airbus profit hit by A400M costs

Feb. 22, 2017 2:26 AM ETAirbus SE (EADSY) StockEADSY, EADSFBy: Yoel Minkoff, SA News Editor
  • The A400M military plane is weighing on Airbus (OTCPK:EADSY) again as the aircraft maker took a new €1.2B charge on the troubled program.
  • Adjusted operating income for 2016 fell 4% to €3.96B, on revenues which rose 3% to €66.58B.
  • The company also proposed an annual dividend of €1.35 per share, up 4% from the year before, and expects to deliver more than 700 commercial aircraft in 2017.

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