Airbus DS: in talks to boost competitiveness
(CercleFinance.com) - On Tuesday management of Airbus Defence and Space contacted employee representatives to discuss possible steps to take to improve the group's cost structure.
"While the underlying business perspectives, especially in our core business, remain solid, our division has had to cope with unexpected headwinds over the last three years impacting order intake, EBIT and overall performance which could not be compensated through continuous improvement efforts. Our objective is to ensure the long-term competitiveness of our division and secure its future positioning," said Dirk Hoke, CEO of Airbus Defence and Space.
"The company will provide an update to its plans in due course and continue a constructive dialogue with employee representatives," the group added.
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"While the underlying business perspectives, especially in our core business, remain solid, our division has had to cope with unexpected headwinds over the last three years impacting order intake, EBIT and overall performance which could not be compensated through continuous improvement efforts. Our objective is to ensure the long-term competitiveness of our division and secure its future positioning," said Dirk Hoke, CEO of Airbus Defence and Space.
"The company will provide an update to its plans in due course and continue a constructive dialogue with employee representatives," the group added.
Copyright (c) 2019 CercleFinance.com. All rights reserved.