EADS Posts Higher 2012 Profit, Lifts Dividend

European Aeronautic Defence & Space Co

reported a rise in its profit in 2012. EADS' net profit for the full year surged 19% to EUR1.23 billion, versus EUR1.03 billion in 2011. Its revenue rose 15% to EUR56.48 billion. EADS lifted its planned dividend payout to EUR0.60 per share from EUR0.45 per share. Its earnings before interest and taxes came in at EUR3.0 billion, versus analysts' estimates of EUR2.49 billion. EADS shares closed at $45.40 yesterday.