Home HomeSwedenLivingWorld world_2_fill WorldBusiness BusinessSports sports-soccer SportsEntertainmentEntertain

Airbus shares plummet after downgraded forecast

Published: 25 June 2024
Airbus shares plummet after downgraded forecast
Photo: Jon Gambrell/AP/TT

Aircraft manufacturer Airbus' share price falls nearly 10 per cent after a lowered profit forecast for 2024. Airbus refers to continued problems with delivery disruptions and a challenging market for the space programme.

Airbus announced after the Paris stock exchange closed on Monday that it now expects to deliver around 700 aircraft this year, which can be compared to an earlier forecast of around 800 aircraft.

The forecast for the adjusted operating result in 2024 is lowered to 5.5 billion euros, down from 7.0 billion euros in the earlier forecast.

Organisations
TTT
By TTThis article has been altered and translated by Sweden Herald

More news

Mark Zuckerberg's wealth soars – fourth richest
1 MIN READ

Mark Zuckerberg's wealth soars – fourth richest

After the Giant's Profit Warning - More to Come
1 MIN READ

After the Giant's Profit Warning - More to Come

New Deadline for Car Tolls
1 MIN READ

New Deadline for Car Tolls

Downgraded Credit Rating for Israel
1 MIN READ

Downgraded Credit Rating for Israel

The time of teaser prices is over on the housing market
2 MIN READ

The time of teaser prices is over on the housing market

Misprinted Postage Stamp Sold for 150,000
1 MIN READ

Misprinted Postage Stamp Sold for 150,000

Volatile on the US stock exchange – Nvidia declined
1 MIN READ

Volatile on the US stock exchange – Nvidia declined

Volkswagen issues profit warning
1 MIN READ

Volkswagen issues profit warning

Inflation falls in the USA
1 MIN READ

Inflation falls in the USA

Ireland fines Meta for password security breaches
1 MIN READ

Ireland fines Meta for password security breaches

Oscar Engelbert's company goes bankrupt
1 MIN READ

Oscar Engelbert's company goes bankrupt

Historic Stock Market Week in Asia
1 MIN READ

Historic Stock Market Week in Asia

Inflation slows down in France and Spain
1 MIN READ

Inflation slows down in France and Spain

Northvolt owner: The situation is serious
3 MIN READ

Northvolt owner: The situation is serious

Slightly Down on the Stock Exchange – Boost for Hexagon
1 MIN READ

Slightly Down on the Stock Exchange – Boost for Hexagon

The Northvolt Crisis: Risk of Losing Competence
3 MIN READ

The Northvolt Crisis: Risk of Losing Competence

Your savings rate is back to zero again
2 MIN READ

Your savings rate is back to zero again

Upward trend on the stock market in China following stimuli
1 MIN READ

Upward trend on the stock market in China following stimuli

Broad upswing on the American stock exchange
1 MIN READ

Broad upswing on the American stock exchange

No German Money for Northvolt
1 MIN READ

No German Money for Northvolt