Airbus shares have dropped this morning after CEO Tom Enders warned of a “challenging year” for 2016.

The company reported a 23 percent drop in core operating profits to 501 million euros, causing shares to fall nearly 6 percent.

Recent problems with the gearbox on the A400M’s giant turboprop engines could also prove “significant” in the near future, according to finance director Harald Wilhelm.

Shares are currently trading down 5.68 percent at 55.12 (1340GMT).

The world’s largest plane-maker Boeing also reported today, with earnings falling $0.12 billion from last year to $1.22 billion.

The company saw first-quarter profit drop 9 percent after being hit by a $156 million charge for its KC-46 aerial refueling tanker, as well as a $70 million pretax charge for its 747 program.

Its share price remains largely unaffected, currently trading down 0.01 percent at 137.06 (1349GMT).

Samsung reported a strong second quarter, with operating profit coming in ahead of expectations after a “robust” sales of their Galaxy S7 smartphones.

The company reported a 12 percent earnings gain between January and March, with operating profit coming in at 6.7 trillion won.

Sales were really driven by their mobile range, with profit for the smartphone division jumping 42 percent from a year earlier to 3.9 trillion won, an almost two-year high.

“We expect our solid performance to continue,” Samsung investor relations chief Robert Yi said during a post-earnings conference call.

Sony shares fell this morning after reporting a loss in its image-sensor business, a sector designed to push growth in the technology company.

Annual operating profit more than quadrupled to 294.2 billion yen for the year ended March, after a cost-cutting a restructuring programme put in place by chief financial officer Kenichiro Yoshida. However, its image sensor arm swung to a loss of 29 billion yen, down from a profit of 89 billion yen the previous year.

Sony is currently trading down 2.08 percent at 2,778.00 (1403GMT).

28/04/2016