Leonardo : FY 23 in line – movement on Hensoldt JV and in space
>Q4 2023 in line with expectations and impressive commercial momentum - Leonardo’s Q4 2023 figures were broadly in line with expectations. EBITA came to € 645m, (ODDO BHF: € 644m, css: € 643m), +8%, for sales of € 5.022bn, giving a margin improvement of 34bp to 12.8%. In detail, DE&S (with a margin of 15.5% vs 15%e) and particularly the European component - MBDA and cybersecurity – offset a slightly weaker than expected Q4 in helicopters (margin of 11.3% vs 11.9%e wit...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.