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Finmeccanica (5). Results by sector of activity: Galileo Avionica, OTE, Marconi Selenia Communications, AMS, International Naval Systems division*
Rome, Italy - Value of production: EUR 982 million (+14% on the EUR 858 million posted in 1H03); EBITA: EUR 76 million (+49%)
"The defence electronics sector recorded a good performance in the first half of the year, especially in terms of profit margins. Once again, this was partly due to cost-cutting efforts and increased production efficiency. Orders secured in the first half amounted to EUR 858 million, compared with EUR 857 million in 1H03. The order backlog was worth EUR 3,549 million, down EUR 39 million on 31/12/03....
fra/pec - 103237
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency