03/03/2013 11:54:00

EADS CEO: Chances to Exceed Official Profitability Target-Report

The chief executive officer of European Aeronautic Defence & Space Co. (EAD.FR) sees chances for a higher than officially targeted return on sales, according to a preview in Focus magazine on Sunday.

In the financial year 2012, EADS posted earnings before interest and taxes ratio of 5.3% of revenues, recorded before one-off items, according to EADS' 2012 annual results. Officially, EADS is seeking to boost this 5.3% to 10% by 2015, the magazine said.

"That's not necessarily the peak," CEO Thomas Enders said, seeing "very good potential" especially in the commercial aircraft business, the magazine reported.

EADS units are still far from the 10% return target that requires fierce cost control, the magazine said, adding that serious problems may not appear especially during the development and production of new jets if the company want to earn more in the future.

Magazine website: www.focus.de

Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

(END) Dow Jones Newswires

March 03, 2013 06:54 ET (11:54 GMT)

Copyright (c) 2013 Dow Jones & Company, Inc.

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
26 May
 
Jeg har igennem lang tid brugt dette forum til at få gode ideer, selvfølgelig med forbehold for de f..
44
24 May
NOVO-B
Ved godt der er en lang Novo tråd lige nedenfor, men synes Elliot fortjener en selvstændig tråd som ..
26
26 May
GS
Kan se at DONG nu værdisættes til mellem 83 og 106 milliarder. Så nu kan vi beregne prisen på Corydo..
21
22 May
ZEAL
Hvorfor der sker et frasalg har jeg ingen klar ide omkring men der har været en fransk forbindelse s..
20
24 May
ZEAL
Jeg har nærlæst af briefing dokumentet igår aftes, og stiller mig noget undrende overfor nogle af de..
19
08:44
FING-B
Ja , de har delt aktien i 4, og du beholder 1/4 resten gået ubeskåret til De sultne i Afrika
18
26 May
FING-B
ADVARSEL:HUSK AT DEM DER HAR SAT SL i FPC og har købs ordre, at det kan blive udløst ved splittet SÅ..
17
25 May
FING-B
Rigtigt mægler - og helt ubegribeligt at derivatmarkedet med dets mange spekulationsformer er tillad..
17
22 May
BAVA
Du får ikke på puklen af mig, jeg er ligeglad.   Men nu siger jeg det igen, selv om jeg er ret sikke..
14
21 May
E:THIN
Det er jo altid et spørgsmål om tro, når man invisterer i teknologiaktier og specielt i ny teknologi..
14

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

#

EuroInvestor: In Focus
#

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
Empresas ICA Announces First Quarter 2016 Unaudited Results
2
RomReal :First Quarter (Q1) 2016 Financial Results and Investor Presentation
3
G4S plc UK DK : AGM Statement
4
Fagron NV: Disclosure of received notifications
5
Owens-Illinois, Inc.: O-I Announces Two New Board Members and New Independent Chairman

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2016   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
27 May 2016 21:02:04
(UTC) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20160526.3 - EUROWEB4 - 2016-05-27 22:02:04 - 2016-05-27 21:02:04 - 1000 - Website: OKAY