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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Airbus SE    AIR   NL0000235190

AIRBUS SE (AIR)
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Airbus : in talks on 70-80 million euro deal to end German probe -paper

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01/14/2018 | 01:24pm CET
An Airbus logo is pictured during the delivery of the new Airbus A380 aircraft to Singapore Airlines at the French headquarters of aircraft company Airbus in Colomiers

Airbus is in talks with German prosecutors to end an investigation into the sale of Eurofighter jets to Austria in exchange for a settlement of between 70 million and 80 million euros ($85 million to $98 million), a German newspaper reported.

Sueddeutsche Zeitung, citing unnamed sources close to Airbus, said the talks could lead the state prosecutor's office in Munich to drop its inquiries into the 2003 sale of 15 planes to Austria for about 1.7 billion euros.

Airbus declined to comment on the report on Sunday, while the Munich prosecutor's office was not available to comment.

The newspaper report followed an Airbus statement on Saturday in which the company said it was talking to Munich prosecutors about "the potential termination of the investigation".

The company had also announced on Saturday that it had been ordered to pay 104 million euros in fines over a missile sale to Taiwan in 1992.

($1 = 0.8201 euros)

(Reporting by Douglas Busvine; Editing by David Goodman)

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Financials (€)
Sales 2017 66 987 M
EBIT 2017 4 012 M
Net income 2017 2 802 M
Finance 2017 7 134 M
Yield 2017 1,64%
P/E ratio 2017 24,94
P/E ratio 2018 20,71
EV / Sales 2017 0,93x
EV / Sales 2018 0,84x
Capitalization 69 687 M
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Airbus SE Technical Analysis Chart | AIR | NL0000235190 | 4-Traders
Technical analysis trends AIRBUS SE
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Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 93,6 €
Spread / Average Target 4,1%
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Managers
NameTitle
Denis Ranque Non-Executive Chairman
Fabrice Brégier COO & President-Airbus Commercial Aircraft
Harald Wilhelm Chief Financial Officer
Luc Hennekens Chief Information Officer
Marc Fontaine Chief Technology Officer
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