Leonardo SpA ( (FINMY) ) has released its Q4 earnings. Here is a breakdown of the information Leonardo SpA presented to its investors.
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Leonardo SpA is a leading global company in the Aerospace, Defense, and Security industries, with operations spanning Helicopters, Electronics, Aircraft, Cyber & Security, and Space sectors. It is involved in key international programs and operates through various subsidiaries and joint ventures.
In its 2024 preliminary financial results, Leonardo SpA reported strong growth, with new orders rising to €20.9 billion and revenues increasing to €17.8 billion. The company’s EBITA reached €1,525 million, and free operating cash flow increased to €826 million, contributing to a significant reduction in net debt by 22.7% to €1,795 million.
Key highlights include a robust performance in the Defense and Security segment, with substantial contributions from Electronics and Helicopters divisions. The company’s focus on sustainability also showed progress, with improvements in environmental KPIs and gender diversity in its workforce.
Looking forward, Leonardo management remains optimistic about its role in the global AD&S industry, highlighting its strategic position to form alliances and partake in significant global programs. The company continues to invest in innovation and sustainability as it aligns with its industrial plan objectives.
