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Airbus profits slump on massive space business writedown

By Frank Prenesti

Date: Wednesday 31 Jul 2024

(Sharecast News) - European plane maker Airbus reported a steep fall in second-quarter profit after a massive write down of its space business of almost €1bn.


Adjusted operating profit slumped 56% €814m in the three months to June 30 as it incurred a €989m charge against the space...

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