On Thursday, Airbus, after the continued shares of its slides, sought to encourage investors by way of promising growth of profits beyond 2017, with healthy dividends. The share of slides started in Wednesday after being warned of the earning in 2016. As the Airbus shifted to its latest version, the investors are bothered about the cut of A330 production rates. During the investor even held in London, Harald Wilhelm, the Chief Financial Officer clearly stated that the reduction of the rate is possible, but it should not be the sole point.
On Thursday, it has been clearly shown the shares of the airbus were reduced to 4 percent, adding a 10.4 percent plunge in the preceding session, so far the worst performance in six years. The plunge had been the worst representation of the company, especially on its market value. According to John Leahy, the Airbus sales, there have been fears of lower margins, especially with A320 single-aisle plane. The divestments which Wilhelm added are a sure proof to boost dividends since the group embarks a program to rationalize its space portfolio and defense. Most of the traders and analysts believed that selling off of the Air-bus stocks was plainly overdone. As of the earnings forecast of UBS next year, it will rise by 2 percent.