► Leonardo: FY 2021 performance with a FOCF of ca. € 200 million, around double expectations

Roma, 27/01/2022– Leonardo’s Board of Directors has completed an initial review of FY 2021 expected performance. The review showed a strong performance during the year.

The Group is expected to deliver full year 2021 Orders, Revenues, and EBITA towards the high end of its Guidance range, with a FOCF of ca. € 200 million, about double the original Guidance. This is thanks to the continued strong performance of the military/governmental business, a lower cash absorption in Aerostructures and the results of efficiency actions across the Group.

Leonardo will provide full details of FY 2021 performance at the Full Year Results on 10 March 2022. Guidance for FY 2022 will also be provided with the full year results.