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Airbus SE Earnings Release 2006

Jan 17, 2007

6209_rns_2007-01-17_2ac906b9-b31d-45b9-a1f3-dd41e7cffee5.html

Earnings Release

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News Details

Ad-hoc | 17 January 2007 07:00

EADS’ estimated 2006 EBIT* impacted by probable Airbus loss

European Aeronautic Defence and Space Company / Final Results

Ad hoc announcement according to § 15 WpHG transmitted by DGAP - a company
of EquityStory AG.
The issuer is solely responsible for the content of this announcement.


EADS' estimated 2006 EBIT* impacted by probable Airbus loss

While work on the completion of the 2006 consolidated financial results is
still ongoing, EADS management is estimating that the Airbus Division will
probably deliver a negative EBIT* contribution for the full year.
Certain one time charges in relation to settlements with customers,
impairment of assets, or financial impacts of Power8 originally expected to
occur in 2007 and after are now foreseen to be recognized as early as 2006.
Furthermore, additional A380 charges not originally envisaged could apply
as well.
Nevertheless, on the Group level, the estimated positive EBIT*
contributions from the other EADS Divisions, which deliver as planned,
should roughly balance out the estimated negative EBIT* impact of Airbus
for 2006.
All such estimates of EADS management are subject to the finalisation of
the 2006 financial statements' closing process and approval by the Audit
Committee and the Board of Directors, expected on 8 March. The above
estimates have not yet been validated by the auditors.

* EADS uses EBIT pre-goodwill impairment and exceptionals as a key
indicator of its economic performance. The term 'exceptionals' refers to
such items as depreciation expenses of fair value adjustments relating to
the EADS merger, the Airbus Combination and the formation of MBDA, as well
as impairment charges thereon.

Contact:
Michael Hauger EADS +49 89 60 73 42 35

DGAP 17.01.2007

Language: English
Issuer: European Aeronautic Defence and Space Company
Beechavenue 130-132
1119 PR Schiphol Rijk Niederlande
Phone: 00 800 00 02 2002
Fax: +49 (0)89 607 - 26481
E-mail: [email protected]
WWW: www.eads.com
ISIN: NL0000235190
WKN: 938914
Indices: MDAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, Hannover, Düsseldorf, Hamburg, München,
Stuttgart

End of News DGAP News-Service