0915 GMT - Airbus faced several hurdles that dented first-quarter results, Berenberg analysts write in a note to clients. The European plane maker experienced a delay in delivering about 20 aircraft to China, a quality issue relating to the thickness of metal panels used to make A320s, and a shortage of Pratt & Whitney engines, the analysts note. Net profit slipped 26% to 586 million euros. Adjusted earnings before interest and taxes--Airbus's preferred measure of profitability--fell 52% to 300 million euros. Analysts had forecast a net profit of 282 million euros and adjusted EBIT of 348 million euros, according to market consensus provided by the company based on estimates from 24 analysts. Airbus shares trade 1.7% higher at 168.98 euros. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
April 29, 2026 05:16 ET (09:16 GMT)
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