Airbus shares climb on strong first quarter results, says Saxo Bank Head of Equity Strategy Peter Garnry. Saxo Bank's Head of Equity Strategy Peter Garnry has...

Airbus shares climb on strong first quarter results, says Saxo Bank Head of Equity Strategy Peter Garnry. Saxo Bank's Head of Equity Strategy Peter Garnry has seen one of his top three picks in Europe take off based on rising wealth from emerging markets lifting demand and overall prospects. Garnry says Airbus' operating income and revenue for the first quarter of 2014 came in better than expected, with successful cost cuts and a strong order book. Airbus was one of Garnry's top three stock picks in Europe in Saxo's Q1 Outlook for commercial aviation, and Garnry states that they remain bullish on Airbus both short-term and long-term. Read more: (VIEW LINK)