EADS PROFIT FALLS TO 185 MLN BUT TARGETS REVISED UPWARDS
Net profits fell in Q1 for EADS, the European aerospace giant, which upwardly revised its targets. Net profit came to 185 million euro, compared to 378 million in the same period last year. Profit in Q2 fell by 61% to 82 million. Turnover came to 11.358 billion euro and net profit totalled 323 million: both results were better than analysts’ expectations.