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solnabo
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Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 1:28 am

Some of the info from CNN Text:

EADS expected 39 % rise in net profit lifted by record delivery at its Airbus unit and a € 289 Mln accounting boost.

It made a net profit of $2 Bln from $1,2 in 2004...

Micke//SWE Big grin  Big grin
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scbriml
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 1:34 am

Great news for EADS. Would be even better if they weren't quite so dependent on Airbus though.
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astuteman
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 2:16 am

Here's a link to the EADS press release.

http://www.eads.com/web/lang/en/1024...F00000000400004/6/03/31000036.html

Airbus EBIT up from E 1.919Bn to E 2.307Bn ($2.83Bn at 1.23$/E)

Airbus operating margin up from 9.5% to 10.4%.
A great result, although in mid 2005 it looked as if it could be even better.
Presumably less favourable $ hedging was one factor.

Congrats to Airbus - "giving away" airframes seems to be a good business  Smile
A
 
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solnabo
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 2:26 am

Huh!

"Giving away" airframes seems to be a good business? What are you drivel about?
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BR076
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 2:36 am

Quoting Solnabo (Reply 3):
Huh!

"Giving away" airframes seems to be a good business? What are you drivel about?

the sarcasm was lost on you I think Big grin
ú
 
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solnabo
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 2:41 am

Quoting BR076 (Reply 4):


Guess U right, I blame my "period"..

Micke//SWE  blush 
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N328KF
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 2:46 am

Nice spin on the fact that EADS had a 13% drop in net profit.
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astuteman
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RE: Airbus Lifts Eads To $2 Bln Profit

Thu Mar 09, 2006 3:13 am

Quoting N328KF (Reply 6):
Nice spin on the fact that EADS had a 13% drop in net profit.

For the 4th quarter, perhaps, but year-on-year net profit is up 39%. (E1.67Bn vs E1.2Bn).

Nice spin on the fact that EADS had a 39% rise in net profit N328KF  Wink

Quote "The lower EBIT (in Q4) is related to higher R+D expenditures and one-time effects (mainly the release of litigation provision in 2004 (Q4))."

Exceptionals happen.
A