Chloe Lemarie's questions to Airbus SE (EADSY) leadership • Q1 2024
Question
Chloe Lemarie inquired about the financial impact of headcount growth on Q1 performance and its expected evolution. She also asked for the rationale behind ending discussions with Atos for its BDS unit and how the cash potentially set aside might be redeployed, possibly towards Spirit AeroSystems.
Answer
CFO Thomas Toepfer quantified the negative impact from headcount growth as a 'low three-digit number' for 2024, which the company aims to counteract with efficiency measures. CEO Guillaume Faury addressed the M&A question, stating that no specific cash was set aside for the Atos deal. The decision to walk away was made after due diligence determined the risks outweighed the opportunities from an Airbus perspective. This decision does not alter the company's financial plans or situation.