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TCI’s Hohn Says EADS Stock Has 50% Likely Upside in 18 Months 2013-10-31 15:56:01.249 GMT
By Chris Larson Oct. 31 (Bloomberg) -- TCI’s Chris Hohn says EADS has an “exceptional franchise.” * Sees Airbus profit margin doubling 2012-2015 * Says co.’s prices are increasing as costs remain flat * Hohn says EADS has “massive” order backlog * Stock can ‘‘easily’’ achieve Boeing’s 15x multiple, he says * Says TCI bought EADS shares late 2012 * Hohn Speaking at Sohn London Investment Conference
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To contact the reporter on this story: Chris Larson in London at +44-20-3525-8840 or clarson22@bloomberg.net
To contact the editor responsible for this story: Edward Evans at +44-20-3525-3190 or eevans3@bloomberg.net