The CEO of Europe's Airbus has told staff that the group ended 2024 in better shape than it feared when issuing a profit warning last summer, while warning of a deteriorating international environment and newly increased business risks.
Referring to group-wide performance, Guillaume Faury said in a memo seen by Reuters : "From an operational point of view, we finished the year in a better state than we feared when we changed our guidance to the financial markets" in July.
(Reporting by Tim Hepher, Editing by Louise Heavens)
