Airbus posts sharply higher core profit and restarts dividend

or the fourth quarter, Airbus posted 1.496 billion euros of adjusted operating income on revenues of 16.994 billion

Europe's Airbus predicted 720 plane deliveries and higher profits in 2022 after core operating profit almost trebled last year on a partial recovery in jet deliveries and higher defence and helicopter earnings during the pandemic.
 

Europe's largest aerospace group also restarted its dividend for the first time in two years after swinging to a record net profit of 4.213 billion euros ($4.8 billion), boosted by the halting of its A380 superjumbo and a reversal of some COVID-19 charges.
 

Airbus said it would propose a dividend of 1.5 euros a share.
 

The group's widely watched adjusted operating profit soared to 4.865