EADS H1 2008 results reflect continuing strong underlying performance

EADS continued its robust underlying performance in the first half of 2008 and achieved significant efficiency improvements across all Divisions despite programme challenges the Group is still facing. Within an uncertain macro-economic environment EADS registered a remarkable order intake reflecting the quality of its commercial and defence product portfolio. The Group confirms its full-year 2008 EBIT guidance of EUR 1.8 billion in spite of an A380 charge.

Revenues increased by 8% to EUR 19.7 billion (H1 2007: EUR 18.4 billion) reflecting growth across all five Divisions despite a negative US dollar headwind. Higher Airbus deliveries (245 units, including four A380s, compared to 231 aircraft in the same period of 2007), increased volumes at Eurocopter, Astrium and Defence & Security and an A400M milestone achievement demonstrate the strong commercial momentum in the first half of 2008.

EADS

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