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EADS Reports Improved First Quarter (Q1) Results 2013

BREAKING NEWS

EADS Reports Improved First Quarter (Q1) Results 2013

EADS (stock exchange symbol: EAD) achieved a solid start to 2013, with first quarter revenues and profitability driven by commercial aircraft deliveries. Despite the overall market environment, defence revenues remained stable thanks to the Group’s mix of series and development programmes and long-term contracts.

Order intake(5) rose sharply to € 49.9 billion while the order book had reached € 614.3 billion at the end of the first quarter. The reported EBIT* amounted to € 596 million with a Net Cash position of € 9.2 billion at the end of March 2013.
Read more EADS Reports Improved First Quarter (Q1) Results 2013

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