25-Feb-2011 4:25 PM
Safran Group reports strong profit; Boeing beats EADS in tanker competition
Analysis
Safran Group reported a net profit of EUR508 million for 2010, an increase of 29%, even though revenue was just 3% stronger in the year. The comapny expects 2011 will be another "promising and significant step" towards its objective of delivering double-digit operating margins by as early as 2012.
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