Airbus: restates financial figures for 2017
(CercleFinance.com) - Airbus has announced that it has restated its financial figures for 2017 for the implementation of the IFRS 15 standard.
These restatements are provided for comparative purposes before Q1 2018 results are released on 27 April, in which the first quarter financial statements for 2018 will be prepared in accordance with IFRS 15.
The changes in IFRS 15 have no impact on the group's free cash flow or net cash position reported in 2017. Airbus has not changed its guidance for 2018, as provided in its 2017 results.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
These restatements are provided for comparative purposes before Q1 2018 results are released on 27 April, in which the first quarter financial statements for 2018 will be prepared in accordance with IFRS 15.
The changes in IFRS 15 have no impact on the group's free cash flow or net cash position reported in 2017. Airbus has not changed its guidance for 2018, as provided in its 2017 results.
Copyright (c) 2018 CercleFinance.com. All rights reserved.