Airbus sees FY18 EBIT adjusted up approximately 20% vs. FY17
As the basis for its 2018 guidance, Airbus expects the world economy and air traffic to grow in line with prevailing independent forecasts, which assume no major disruptions. Airbus' 2018 earnings and Free Cash Flow guidance is based on a constant perimeter, before M&A. Airbus expects to deliver around 800 commercial aircraft, which depends on engine manufacturers meeting commitments. Based on around 800 deliveries: Compared to 2017 EBIT Adjusted of EURO$ 4,253 million, Airbus expects, before M&A: An increase in EBIT Adjusted of approximately 20 percent. IFRS 15 is expected to further increase EBIT Adjusted by an estimated EURO$ 0.1bn. 2017 Free Cash Flow before M&A and Customer Financing was EURO$ 2,949 million. Free Cash Flow is expected to be at a similar level as 2017, before M&A and Customer Financing.