ROME (Reuters) – Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a sizeable jump in orders for the January-September period.
In the first nine-months of the year, new orders rose by 26.8% year-on-year to 11.719 billion euros ($11.42 billion), while earnings before interest, taxes and amortisation (EBITA) were up 2.7% to 619 million euros.
Leonardo upped its guidance for orders in the full year to more than 16 billion euros, against a previous estimate of around 15 billion euros.
($1 = 1.0262 euros)
(Reporting by Alvise Armellini; editing by Agnieszka Flak)
