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EADS REPORT SLIGHT PROFIT FOR Q3

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EADS REPORT SLIGHT PROFIT FOR Q3

Airbus parent company EADS has topped analysts expectations and reported a narrow net profit in the third quarter.

Net income for EADS rose to €13 million ($18 million) in the third quarter, which was up from a loss of €87 million in the same period last year.

Earnings before interest and tax, known as EBIT rose to €378 million from €201 million last year.