17-Nov-2009 1:40 PM
Dollar worries weigh heavily on EADS 3Q2009 results, full year result still uncertain
Analysis
EADS, parent of Airbus, reported a 3Q2009 net loss of EUR87 million, a reversal of more than EUR750 million from the same period in 2008, as the strength of the Euro eroded cost competitiveness and airlines slowed orders in response to the tough conditions. The company has also seen price deterioration on aircraft deliveries, which have matched 2008 levels.
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