Leonardo, jump in profits but revenue is down

Rome - Leonardo-Finmeccanica ended the first nine months of the year with a positive net result of €353 million (including capital gains for the sale of Fata), which is a 121% increase over the 160 million in the first nine months of 2015. The net ordinary result was positive at €343 million (+129%) and revenue amounted to €8.034 billion, 10.7% less than the same period in 2015. This was announced in a statement released by the group at the board of directors’ meeting, which examined and unanimously approved the results as of 30 September. Considering these results and the expectations for the next quarter, the group has born out the predictions for the entire year.