EADS reports 2010 full year net income of EUR 553 million

EADS released that order intake increased 81% to EUR 83.1 billion driven by Airbus Commercial, revenues increased 7% (EUR 45.8 billion) with record deliveries of 510 commercial aircraft. EBIT before one-off was EUR 1.3 billion, free cash flow EUR 2.7 billion, net income amounted to EUR 553 million (FY 2009: EUR -763 million) and a record net cash position of EUR 11.9 billion.