EADS EBIT down 15% in 3Q2011

EADS revenue down 4% - financial highlights for three months ended 30-Sep-2011:

• Revenue: EUR10,751 million, -4% year-on-year;
  • Airbus commercial: EUR6656 million, -11%;
• EBIT: EUR322 million, -15%;
  • Airbus commercial: EUR83 million, -5%;
• Net profit: EUR312 million, +2300%;
• Aircraft deliveries:
  • Airbus commercial: 376 aircraft;
• Order book: EUR502,971 million, +12% when compared to period ended 31-Dec-2010;
• Total assets: EUR87,998 million, +5.8% when compared to period ended 31-Dec-2010;
• Cash and cash equivalents: EUR5117 million, +2% when compared to period ended 31-Dec-2010;
• Total liabilities: EUR78,768 million, +6% when compared to period ended 31-Dec-2010. [more - Original PR]

EADS: "EADS increases its latest orders, revenues, EBIT* before one-off and Free Cash Flow guidance given in July. In 2011, Airbus should deliver 520 to 530 commercial aircraft and its gross orders should be around 1,500. EADS 2011 revenues should increase by more than 4% compared to EUR45.8 billion in 2010," Company statement. Source: EADS, 10-Nov-2011.