The European aerospace and defence company EADS has reported bigger than expected losses for 2007 but predicted a recovery in 2008.EADS made a loss of 446m euros ($685m; �341m) last year, compared with a profit of 99m euros in 2006.
The weak dollar has reduced the value of EADS's greenback-based earnings.
The company was also hit by well-known delays to its Airbus A380 aircraft, the first of which was delivered to Singapore Airlines in October.
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