Friday, August 3, 2007

BA profit rise beats forecasts

(Reuters) - Earnings before interest and taxes of 263 million pounds for the three months to end-June beat all forecasts ranging from 206 million to 237 million pounds in a Reuters Estimates poll of four analysts.




Europe's third-largest airline cited lower severance charges and pensions costs as well as a more favorable tax rate to explain the year-on-year gain.


Read more at Reuters.com Market News

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