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Strong showing by Airbus, defense arm push up '12 EADS profits, salesAFP BERLIN -- European aerospace giant EADS said Wednesday it achieved a strong rise in sales and earnings last year on the back of record sales at commercial aircraft maker Airbus and stable defence business.
February 28, 2013, 12:52 am TWN EADS said in a statement it booked net profit of 1.228 billion euros (US$1.6 billion) last year, a rise of 19 percent over the year-earlier figure. Underlying or operating profit, as measured by earnings before interest and tax and one-off items, rose to 3 billion euros from 1.8 billion euros in 2011. And revenues grew by 15 percent to 56.48 billion euros, the statement said. |
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