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 ...
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