02-Aug-2010 4:23 PM
EADS lifts full-year outlook, but results hurt by hedging – Suppliers Share Wrap
Analysis
A 51% fall in first half net profit has not dampened investor enthusiasm for EADS, which recorded a stock rise of 3.4% at the close of trading on Friday. The European defence and aerospace conglomerate reported a net result of EUR185 million, and an EBIT of EUR406 million, after EUR200 million of exceptional foreign exchange outcomes.
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