The list of EADS hurdles for 2010 reads much like the one for 2009, except that a weaker dollar hedge rate means the company is starting the year already €1 billion behind. The company’s hedging against the dollar for the year is 10 cents below last year’s level, equating to the lower revenue level. EADS ended 2009 with sales of €41.7 billion, lower than 2008 already largely owing to the lower dollar/euro imbalance, says company CEO Louis Gallois. The company book-to-bill ratio was ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "EADS Faces Big 2010 Hurdles".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.