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Leonardo SpA (LDOF.MI)

LDOF.MI on Milan Stock Exchange

9.94EUR
14 Dec 2017
Change (% chg)

€-0.05 (-0.50%)
Prev Close
€9.99
Open
€10.03
Day's High
€10.03
Day's Low
€9.89
Volume
4,010,806
Avg. Vol
3,018,893
52-wk High
€16.11
52-wk Low
€9.52

Latest Key Developments (Source: Significant Developments)

Leonardo Reports Final Results of Buy Back of Some USD Denominated Notes
Thursday, 14 Dec 2017 07:59am EST 

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 08:03am EST 

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 08:41am EST 

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 01:22pm EST 

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 12:40pm EST 

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 12:31pm EST 

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 09:00am EDT 

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 hopes to raise 3-5 pct revenue growth target in long term - CEO
Tuesday, 26 Sep 2017 05:13am EDT 

Sept 26 (Reuters) - Leonardo Chief Executive Alessandro Profumo says::Over the long term hopes to do better than currently targeted revenue growth of between 3 and 5 percent.  Full Article

Thales says Space Alliance signs partnership with Spaceflight Industries‍​
Friday, 15 Sep 2017 08:31am EDT 

Sept 15 (Reuters) - THALES ::THE SPACE ALLIANCE, FORMED BY THALES ALENIA SPACE AND TELESPAZIO SIGNED A PARTNERSHIP WITH THE US-BASED COMPANY SPACEFLIGHT INDUSTRIES‍​.PARTNERSHIP INCLUDES MINORITY INVESTMENT IN SPACEFLIGHT INDUSTRIES.PARTNERSHIP INCLUDES CREATION OF AN INDUSTRIAL JOINT VENTURE IN US BETWEEN THALES ALENIA SPACE AND SPACEFLIGHT INDUSTRIES SPECIALIZED IN SMALL SATELLITES.PARTNERSHIP INCLUDES IMPLEMENTATION OF A JOINT COOPERATION AND MARKETING AGREEMENT BETWEEN TELESPAZIO AND BLACKSKY.  Full Article

Italy's Leonardo CEO says not considering refinancing of debt at the moment
Friday, 28 Jul 2017 05:23am EDT 

July 28 (Reuters) - Italy's Leonardo Chief Executive Alessandro Profumo tells a post-results conference::refinancing of debt would not be favourable today, but group will keep looking at opportunities.says aims to increase cross-division synergies, not only with regards to costs.company has some "cash absorbing" divisions - including the aerostructures one- that are in the process of being "fixed" and will become cash positive by year end, with the production cycle being "optimised".satisfied with U.S. unit DRS, continuously improving its profitability base and the quality of revenue .  Full Article