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Leonardo SpA (LDOF.MI)

LDOF.MI on Milan Stock Exchange

10.02EUR
10:12am GMT
Change (% chg)

€0.02 (+0.20%)
Prev Close
€10.00
Open
€10.06
Day's High
€10.07
Day's Low
€9.93
Volume
2,117,611
Avg. Vol
2,920,441
52-wk High
€16.11
52-wk Low
€9.52

Latest Key Developments (Source: Significant Developments)

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

ATR says Christian Scherer appointed CEO
Wednesday, 12 Oct 2016 

ATR says: shareholders Airbus Group and Leonardo-Finmeccanica have appointed Christian Scherer as chief executive officer Further company coverage: [AIR.PA] [LDOF.MI] (Reporting y Paris Newsroom) ((paris.equities@thomsonreuters.com;)).  Full Article

Leonardo-Finmeccanica CEO says no plans for tie-up with Airbus
Tuesday, 27 Sep 2016 

Leonardo-Finmeccanica CEO Mauro Moretti says: there are no plans for a tie-up between the Italian aerospace and defence group and France's Airbus . press reports over the summer suggested a possible integration of the two companies . Shares in Leonardo-Finmeccanica fall more than 2 percent after Moretti's comments Further company coverage: [LDOF.MI] [AIR.PA] (Reporting by Milan newsroom).  Full Article

Leonardo-Finmeccanica signs partnership with Poland's PGZ
Tuesday, 6 Sep 2016 

Leonardo Finmeccanica says: signs long-term strategic partnership agreement with Poland's Polska Grupa Zbrojeniowa (PGZ) . Leonardo will support PGZ with technology and products .PGZ will cooperate with Leonardo on industrial and logistic support activities..  Full Article

European shares inch up near 4-week highs helped by banks

MILAN, Dec 11 European shares rose near 4-week highs on Monday following gains in Asian markets overnight and helped by strength among financial and industrial stocks.