Leonardo - Finmeccanica : A rebased improvement trajectory for FCF
>Mission accomplished for 2020 - Leonardo is due to report its 2020 results on 9 March and will comment on them in a conference call the following day. The company had already expressed its confidence in achieving its annual targets at our Forum and confirmed this on 28 January with the publication of a trading statement, so we do not expect any surprises on the 2020 financial year. We are forecasting EBITA of € 933m (-25.4%) for sales of € 13.5bn, representing a marg...Leonardo is the holding company for The Finmeccanica Group, and is responsible for guiding and controlling industrial and strategic operations, coordinates its subsidiaries. The Finmeccanica Group operates in the Aerospace and Defence sector, which includes the Helicopters, Defence and Security Electronics, Aeronautics, Space and Defence Systems segments; and in the Transportation sector, which also includes Fata S.p.a., in addition to the companies operating in the transportation sector.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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