EADS will meet expectations in 2002
Amsterdam, le 13 mars 2002
EADS European Aeronautic Defence and Space Company clarified on Wednesday that a report in "Focus Money" is wrong, not based on facts and misleading. "Focus Money" had reported that EADS might not be able to meet the expectations for the year 2002. EADS underlined that the first indication given on 6 February 2002 remains absolutely valid: In 2002, the R&D expenditure for the A380 will increase as planned. Taking this into account, EADS expects a level of EBIT pre-R&D margin in the same range as 2001. Additional information, based on this guidance, will be given at the Annual Press Conference on 18th March.
Contact:
Eckhard Zanger
Tel. +49 89 60727961
