Italy’s Leonardo beats 2025 guidance, cuts debt

Leonardo logo is seen displayed in this illustration taken, May 3, 2022. REUTERS
ROME, Feb 25 (Reuters) – Italian defence group Leonardo said on Wednesday it had delivered financial results for 2025 above its targets, with a significant increase in all its key indicators and a cut to its debt.
“We exceeded the challenging guidance, which had been already upgraded during the year. Such a performance represents the completion of the value-accretion path launched three years ago,” Chief Executive Roberto Cingolani said in a statement.

Reporting by Giulia Segreti in Rome, editing by Alvise Armellini

 

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