EADS and B/E Aerospace tumble, Rolls-Royce recovers – Suppliers Share Wrap
Shares in EADS fell 4.5% on Friday as the company reported a profit of just EUR13 million from revenue of EUR11.25 billion. Operating profit was a more healthy EUR378 million, with the manufacturer forecasting that at current exchange rates Airbus will significantly improve its underlying profitability thanks to better volume, pricing and further economic improvement of the A380 performance.
