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Finmeccanica: the business plan gets the target but Fitch doesn't exposed

London, UK - The note diffused on the document presented by the aerospace and defence Group; the Agency postpones its opinion

The Fitch’s note diffused about the presentation of Finmeccanica’s Industrial Plan underlines how despiting the good Moretti’s purposes of a larger productive centralization and a cut of the portfolio, the results in a raise of the FCF (Free Cash Flow) are not so direct to achieve. The rating’s company recognizes the realism of Moretti’s management expressed in the plan. Suggesting that the cost...

fra/pec - 1165748

AVIONEWS - World Aeronautical Press Agency
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