Paris
/Amsterdam - European aerospace giant EADS on Wednesday reported that its profits in the first half of 2008 had risen more than five-fold, to 403 million euros (635 million dollars), compared to the same period in 2007.
Turnover for the period stood at 19.74 billion euros, up by 7.5 per cent over the first half of last year, EADS said in a press statement.
Earnings before interest, taxes, depreciation, amortization and exceptionals (EBITDA) rose by 70 per cent, to 1.94 billion euros.