Airbus Firm EADS Sees Profit Up 45% In Q3

Airbus parent company EADS has seen its profit increased by 45% in the third quarter, driven by strong commercial aircraft demand.

But the European jet maker warned that its free cash flow, a measure of cash generated by a business, would be negative this year.

EADS estimated the negative figure for 2013 at 1.5bn euros (£1.25bn) because of investment into lifting production and development of programmes such as the A350 long-range wide body.

The A350 is due to enter service in the second half of 2014.

Previously, the company had said its free cash flow would break even this year, compared to positive 1.5bn euros last year.

In a statement EADS said net profit for the July-September quarter rose to 436m euros (£366m), up from 301m euros (£252m) a year earlier.

More follows...

Anda sedang membaca artikel tentang

Airbus Firm EADS Sees Profit Up 45% In Q3

Dengan url

http://raskindollar.blogspot.com/2013/11/airbus-firm-eads-sees-profit-up-45-in-q3.html

Anda boleh menyebar luaskannya atau mengcopy paste-nya

Airbus Firm EADS Sees Profit Up 45% In Q3

namun jangan lupa untuk meletakkan link

Airbus Firm EADS Sees Profit Up 45% In Q3

sebagai sumbernya