DGAP-Adhoc
AIRBUS DEFENCE AND SPACE CONTINUES TRANSFORMATION WITH PORTFOLIO OPTIMISATION - Seite 2
review is a logical next step in the overall transformation process. It
will strengthen Airbus Defence and Space's business core, unlocking its
full potential to drive the defence and space industry forwards,
particularly on critically important international growth markets.
All these decisions will of course respect our national security agreements
and will be discussed with employee representatives in a fair and open
way", added Bernhard Gerwert.
The first milestone of the Division's transformation, as announced last
year, was the reorganisation of the three former business entities -
Astrium, Airbus Military and Cassidian - into one single organisation. This
target was achieved on 1 July 2014, according to plan. A next significant
milestone was to secure the future of the Division's space launcher
business, which received a major boost through the planned joint venture
with Safran, as announced in June 2014, and which is currently being
further developed.
About Airbus Group
Airbus Group is a global leader in aeronautics, space and related services.
In 2013, the Group - comprising Airbus, Airbus Defence and Space and Airbus
Helicopters - generated revenues of
EUR 57.6 billion (restated) and employed a workforce of around 139,000
(restated).
About Airbus Defence and Space
Airbus Defence and Space is a division of the Airbus group, formed by a
merger between the businesses of Cassidian, Astrium and Airbus Military.
This new division is Europe' number one in the space and defence industry,
the world's number two in the space industry and is one of the world's top
ten defence industry companies. It has annual revenues of around EUR14
billion with a workforce of some 40,000 employees.
Contacts:
Martin Agüera (Airbus Group): + 49 175 227 4369
Maggie Bergsma: + 49 151 461 88 234
Florian Taitsch: + 49 151 168 31 052
Lothar Belz: + 49 171 447 1826
Astrid Emerit: + 33 686 65 45 02
Jeremy Close: + 44 7766 536 572
Kieran Daly: + 34 689 669 661
16.09.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Airbus Group N.V.
P.O. Box 32008
2303 DA Leiden
Netherlands
Phone: 00 800 00 02 2002
Fax: +49 (0)89 607 - 26481
E-mail: ir@eads.net
Internet: www.eads.com
ISIN: NL0000235190
WKN: 938914
Indices: MDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
End of Announcement DGAP News-Service
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