Friday, July 29, 2011

European Aeronautic, Defence & Space Co., the parent of Airbus SAS, said profit in the first half rose 39 percent after higher plane deliveries outweighed lower revenue at the defense subsidiary.
Earnings before interest and tax advanced to 563 million euros ($806 million) from 406 million euros a year earlier. Ten analysts surveyed by Bloomberg had estimated 511 million euros. Sales rose 8 percent to 21.9 billion euros, the Paris- and Munich-based company said.

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