Analyst Research Report Snapshot

Title:

EADS - FOCUSING ON VALUE

Price:

$10.00

Provider:

Edison Investment Research

Date:

05 Dec 2012

Pages:

2

Type:

AcrobatPDF

Companies referenced:

EAD.PA

Available for Immediate Download
Summary:

Having attended the 2012 EADS Global Investor Forum, we feel it typified the new approach instilled across the group both in terms of growth trajectories and a target RoS of 10% by 2015 across all divisions. The forum was held against the backdrop of ongoing discussions regarding shareholder structure changes that would lead to an increased free float, a direct state shareholding by Germany, but less government interference. With the failed BAE merger having driven increased discussions on corporate governance and having set in train a strategic review, we see current developments as a catalyst to free EADS from previous government restrictions.

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