AIRBUS TARGETS €12-13B ADJUSTED EBIT BY 2029, APPROVES €5B BUYBACK
Airbus presented a new mid-term outlook, targeting €12-13B of adjusted EBIT in 2029 and reiterating a cash conversion target of around 1 over a five-year horizon, per the company.
The board approved a €5B share buyback program over three years. 2026 guidance is unchanged.