16.09.2014 - Airbus is selling non-core assets
Airbus Group announced its intention to sell its stake in the communication business and other non-core assets. Airbus Defense and Space will focus on the production of space equipment, missiles and related systems on which it wants to focus on. In addition, Airbus will sell its assets for commercial purpose as a radio and satellite communication. It is worth mentioning that the profit of the company amounted to about 18.1 billion. Dollars in 2013, and at the enterprises of corporation are employed about 40 thousand people. We recommend keeping the company's shares in the long-term portfolio with growth potential by 10-15% per year.