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Airbus edges up on confirmed FY outlook

By Reuters News

** Shares in Airbus AIR.PA edge up 2.7% as the world's largest planemaker reported on Wednesday mixed third-quarter earnings, but maintained its full-year forecasts and production plans

** Posted third-quarter adjusted operating profit of €1.77 billion ($2 billion), broadly in line with company-compiled consensus; revenue of €17.47 billion fell short of the €17.91 billion estimate

** However, Airbus stuck to its target of delivering around 870 aircraft this year, which would be its highest tally ever

** "On the conf call mgmt sounded confident it will make its FY26 guidance for deliveries and earnings and we agree" - J.P. Morgan says in a note

** Stock, which including today's move has dropped 1.6% year-to-date, is among the best performers on France's blue-chip CAC 40 Index .FCHI

($1 = 0.8993 euros)

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