10-Jun-2010 4:24 PM
Emirates A380 order gives EADS a boost, weaker euro raising European expectations
Analysis
The devaluation of the euro against the US dollar is improving the competitiveness of European manufacturers, with EADS and MTU Aero Engines lifting their expectations. Shares in EADS surged 6.1% yesterday, while MTU gained 5.7%. Also trading strongly was UK-based BBA Aviation, which gained 3.6%.
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