DSEI 2021 news and views (podcast)
Welcome to Episode 37 of the third series of The Weekly Defence Podcast. Listen on Apple Podcasts, Google Podcasts, Spotify and more.
Leonardo hails H1 results and eyes continued benefits from FCAS
Leonardo's AW101 helicopter. (Photo: Leonardo.)
Italian defence contractor Leonardo claimed a good first half of 2021, with military sales counteracting a decline in its civil aerostructures business hit by COVID-19.
Leonardo saw its pre-tax earnings rise by 37% year on year to €400 million ($475.9 million) in H1 2021, and the Italian aerospace and defence group confirmed its full-year guidance on 29 July.
The strong performance of its military and government work contributed to revenues of €6.3 billion, up 7.9% on H1 2020. On the same basis, order intake also rose by 9.5% to €6.7 billion.
Commenting on the results, Leonardo CEO Alessandro Profumo said: 'First half 2021 results are solid, and we are back on a sustainable growth path. Our commercial activity has been intensive ...
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