EADS reports profit in 2010 turnaround

09 Mar, 2011

The company was cautious in predicting a stable result for the current year, saying it expected further improvement in 2012.

European aircraft manufacturer Airbus is EADS's principal unit, alongside helicopter manufacturer Eurocopter and defence and security systems builder Cassidian.

The group said in a statement it expected a "clear improvement" in 2012, with bigger sales volumes, higher prices and a boost to the Airbus A380 programme.

Copyright AFP (Agence France-Presse), 2011 

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