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Leonardo SpA (LDOF.MI)

LDOF.MI on Milan Stock Exchange

9.06EUR
16 Feb 2018
Change (% chg)

€0.14 (+1.57%)
Prev Close
€8.92
Open
€9.00
Day's High
€9.09
Day's Low
€8.95
Volume
3,191,785
Avg. Vol
4,948,902
52-wk High
€16.11
52-wk Low
€8.40

Latest Key Developments (Source: Significant Developments)

Leonardo: Latvia Orders Two Helicopters For State Border Guard
Tuesday, 2 Jan 2018 

Jan 2 (Reuters) - LEONARDO SPA ::LATVIA ORDERS ADDITIONAL HELICOPTERS FOR STATE BORDER GUARD.TWO AW119KX HELICOPTERS TO JOIN TWO AW109 POWERS IN 2019 TO PERFORM SAR, TRANSPORT, FIREFIGHTING AND DISASTER RELIEF MISSIONS.CONTRACT ALSO INCLUDES AN OPTION FOR AN ADDITIONAL UNIT AND AIRCREW/MAINTENANCE TECHNICIAN TRAINING SERVICES.  Full Article

Transport Canada Suspends West Wind Aviation's Air Operator Certificate
Saturday, 23 Dec 2017 

Dec 22 (Reuters) - :TRANSPORT CANADA SUSPENDS WEST WIND AVIATION'S AIR OPERATOR CERTIFICATE.SUSPENSION PROHIBITS WEST WIND AVIATION FROM PROVIDING COMMERCIAL AIR SERVICES​.IDENTIFIED DEFICIENCIES DURING A POST-ACCIDENT INSPECTION OF WEST WIND AVIATION FROM DECEMBER 18 TO 20, 2017​.‍WILL NOT ALLOW COMPANY TO RESUME ITS COMMERCIAL AIR SERVICE UNTIL IT DEMONSTRATES COMPLIANCE WITH AVIATION SAFETY REGULATIONS​.  Full Article

Leonardo Reports Final Results of Buy Back of Some USD Denominated Notes
Thursday, 14 Dec 2017 

Dec 14 (Reuters) - LEONARDO SPA ::REPORTS FINAL TENDER RESULTS OF UNIT LEONARDO US HOLDING'S OFFERS TO BUY BACK NOTES DUE 2039 AND NOTES DUE 2040.PURCHASED USD 300.0 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF NOTES DUE 2039 AND 2040.AGGREGATE NOMINAL AMOUNT OF UNIT'S OUTSTANDING U.S. DOLLAR DENOMINATED NOTES IS REDUCED BY USD 734.1 MILLION.AGGREGATE AMOUNT INCLUDES REDEMPTION OF ALL PRINCIPAL AMOUNT OF 6.250% GUARANTEED NOTES DUE 2019.THE OUTSTANDING AMOUNT OF THE NOTES DUE 2019 IS USD 434.1 MILLION .  Full Article

Leonardo Announces Early Tender Results for Dollar Denominated Notes
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - LEONARDO SPA ::ANNOUNCES EARLY TENDER RESULTS OF OFFERS, TO PURCHASE CERTAIN U.S. DOLLAR DENOMINATED NOTES.$511,417,000 AGGREGATE PRINCIPAL AMOUNT OF 2039 NOTES AND 2040 NOTES WERE TENDERED.THE COMPANY HAS AMENDED THE OFFERS TO INCREASE MAXIMUM COMBINED AGGREGATE PRINCIPAL AMOUNT OF TENDER OFFER NOTES TO $300 MLN FROM $200 MLN.  Full Article

Italy's Leonardo to buyback, redeem bonds to cut debt
Wednesday, 15 Nov 2017 

Nov 15 (Reuters) - Italy's defence group Leonardo says: :To carry out debt buyback for up to $200 million on own bonds due in 2039, 2040.Will also redeem in full its 6.25 percent 2019 bond.Buyback and redemption aimed at reducing gross debt and interest payments.  Full Article

Italy's Leonardo CFO says Q4 this year "even more important" than usual
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Italy's Leonardo Chief Financial Officer tells a post-results call: :last quarter of the year is usually "big" for the group, this year it will be "even more important"..  Full Article

Italy's Leonardo CEO says new plan to be focused on revenue growth
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Italy's state-controlled defence group Leonardo says: :Chief Executive says group's new plan will be focused on efficiencies and revenue growth.Chief Financial Officer says difference between old 2017 EBITA guidance and new one mainly associated to group's helicopter unit.CFO says expects military orders to "come back" in 2018 after these being "very low"..  Full Article

Italy's Leonardo helicopter revenue this year lower than in 2016
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - Italy's Leonardo Chief Financial Officer Alessandra Genco tells a post-results call: :group debt levels have fallen, company has achieved a well-balanced debt profile.revenue for the group's helicopter unit this year to be lower than in 2016, unit profitability in "high single digit" this year.  Full Article

Leonardo CEO "worried" about Fincantieri-Naval potential tie-up
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - Italy's Leonardo Chief Executive Alessandro Profumo tells a parliamentary audition: :He is "worried" about the Fincantieri-Naval potential tie-up, hopes project designed in such a way that Leonardo will not be damaged..  Full Article

Leonardo shares down 4 pct after falling 9-mth revenues
Friday, 4 Nov 2016 

Italian aerospace and defence group Leonardo Finmeccanica: Shares on Friday are down 4.16 percent at 0806 GMT . On Thursday the group confirmed its full year guidance, although nine-month revenues were down 10 percent, below analyst estimates . sales for the group's helicopter unit were down 20 percent in the first nine months of the year Further company coverage: [LDOF.MI] (Reporting by Milan newsroom).  Full Article

UPDATE 4-All 65 passengers, crew feared dead in Iranian plane crash

* Rescue helicopters to search crash site due to bad weather (Adds airline s65 on board, search continues, relatives' quote)