Repeat offenders—A400M, A380—hobble EADS, but financial health remains solid
If things go well for EADS in the next few months, the company will have renegotiated the A400M contract so it stops dragging down earnings, figured out how to bring A380 production costs on plan, and convinced French securities regulators to ignore a recommendation to fine the company and some of its executives for perceived market manipulation. It’s a big “if.” The issues have been hanging over EADS for some time, but all are coming to a head now. One big challenge for EADS’s ...
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