Airbus owner EADS reports strong profits

[mhm]

Aerospace and defence group EADS has reported a rise in profits and sales in 2012, boosted by a strong performance from its aircraft maker Airbus.

Net profit for 2012 at EADS rose 19% to 1.23bn euros ($1.61bn; £1.06bn). Revenues rose 15% to 56.48bn euros.

Revenues at Airbus rose 17% to 38.59bn euros, mostly due to commercial sales.
http://www.bbc.co.uk/news/business-21598517