The Airbus SE share price increased throughout 2019, to close up 55% at € 130.48.

After opening at € 83.86 in January, the share price climbed by approximately 50% to € 124.80 during the first half of the year. In early 2019, the share price increased as the Company reached its delivery target and disclosed solid Full-Year 2018 results reflecting the strong operational performance and programme execution in all businesses. Shares continued to increase on better-than- expected underlying Q1 2019 earnings and the guidance reiteration, as well as positive commercial momentum during the 2019 Paris Airshow with the successful launch of the A321XLR.

The positive trend initially continued in the second half of 2019 driven by strong Half-Year results ahead of market consensus, especially for Airbus commercial aircraft reflecting strong deliveries, good programme execution and A320neo and A350 margin improvement. After the summer, shares were weighed down by some profit-taking and news flow around the WTO report published in September. Shares later recovered, supported by lower than expected US tariffs. Despite revised guidance during the Nine-Month (9m) earnings disclosure, the share price continued to increase in November as investors gained confidence on underlying profitability in the next years. Shares reached a then all-time high of € 136.40 on 15 November 2019. The shares traded slightly down in December 2019 following market concerns around operational challenges continuing into the following year.

With the annual increase of 55%, Airbus shares strongly outperformed the Eurostoxx 600 (+23%) and the CAC 40 (+26%), as well as most European aerospace peers.