Leonardo first half results in line with expectations

Rome, 30 July 2018 – Leonardo’s Board of Directors, convened today under the Chairmanship of Gianni De Gennaro, examined and unanimously approved the results of the first half 2018.

Alessandro Profumo, Leonardo CEO, commented: “First half 2018 results are in line with expectations. We are fully focused on executing the Industrial Plan: Helicopters are successfully recovering, DRS is benefitting from US market improvement and we have taken steps forward in cost control. All of these will ensure long-term sustainable growth to the Group”.

The Board of Directors has decided to revise upwards the Group Guidance for the full year 2018 to reflect the expected effectiveness of the contract from the Ministry of Defence of Qatar for NH90 multirole helicopters, that had been only partially factored into Group Guidance, and the potential for certain export campaigns not to be full finalised by year-end.

To view the full document please click here: Leonardo 1 Half Results 2018