EADS has announced better than expected results for the full year 2011. Despite reduced defence spending, EADS in 2011 continued to grow and to improve its financial performance. The reported EBIT amounted to €1.7 billion. Cash-flow generation remained strong and led to a Net Cash position of € 11.7 billion. “The order intake in commercial aircraft has elevated our order book to record levels and I am pleased that the civilian helicopter market has also significantly gained momentum. Our strong cash generation protects the company and allowed us to secure important acquisitions, mainly in the field of services. The stage

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