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EADS records solid 3Q, nine-month results

Airbus parent EADS reported third-quarter net income of €309 million ($395.7 million), down 1% from a €312 million net profit in the year-ago period, on a 15% rise in revenue to €12.32 billion.

Airbus parent EADS reported third-quarter net income of €309 million ($395.7 million), down 1% from a €312 million net profit in the year-ago period, on a 15% rise in revenue to €12.32 billion. Airbus posted a third-quarter year-over-year revenue increase of 18% to €8.38 billion. EADS noted that nine-month net income more than doubled from €421 million in 2011’s first three quarters to €903 million this year. Nine-month revenue was up 14% to ...

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