Tuesday, April 3, 2007

EADS defense head eyes higher profitability

(Reuters) - Stefan Zoller told journalists in Unterschleissheim, near Munich, on Tuesday he was aiming for a return on sales of 8 percent in three to five years, up from 5.9 percent last year, mainly boosted by organic growth.

But he said he would still look at acquisitions, also in the key U.S. defense market, despite the impact of problems at planemaker Airbus on parent EADS's buying power.


Read more at Reuters.com Business News

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