Report
Olfa Taamallah ...
  • Yan Derocles

Leonardo : Preview T1 2023 – Commandes dynamiques et focus cash

>Un début d’année timide en termes de rentabilité mais… - Au T1 2023 (publication le 3/05), nous tablons sur une rentabilité en retrait par rapport au T1 2022 en raison notamment de l’impact de l’inflation, d’une base de comparaison élevée (contribution du programme EFA Koweït et contrat de système naval) et des problématiques de supply chain. Nous anticipons un EBITA de 121 M€ (-8%) pour un CA stable de 3 023 M€, soit une marge de 4% (-37 pb). Le retrait sera particu...
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
Olfa Taamallah

Yan Derocles

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