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Airbus keeps outlook as Q1 core earnings rise

  • Quarterly revenues rose 24 percent from a year ago to 12.55 billion euros ($14 billion), while adjusted operating profit jumped to 549 million euros from 14 million last year
  • Airbus suffered a cash outflow of 4.3 billion euros in the quarter as it built inventories but the company is expected to see that reverse course later in the year
By Reuters ·