Report
Antoine Boivin-Champeaux ...
  • Yan Derocles

Leonardo - Finmeccanica : Plan 2020 crédibilisé = re-rating enclenché

>La première année passée avec succès… - Après un piteux T3 2018 qui avait réintroduit une dose de doute quant à la vitesse de redressement de la rentabilité de Leonardo, la publication du T4 permet à la nouvelle équipe de management de franchir avec succès sa première année complète en dépassant l’ensemble de ses objectifs. Hors contribution des JV (ATR, MBDA, Espace), la marge opérationnelle a progressé de 44 pb par rapport à 2017, quasi intégralement portée par la ...
Underlying
Leonardo SpA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Antoine Boivin-Champeaux

Yan Derocles

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