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Finmeccanica: orders more than double in 1Q05, while value of production rises 8%

Rome, Italy - 1Q loss falls from EUR 35 million to EUR 16 million following sharp increase in EBITA

"- EBITA jumped from EUR 36 million to EUR 62 million, mainly thanks to the Helicopters and Aeronautics businesses. The EBITA margin was up from 1.8% to 2.9%. - The group reduced its normal 1Q loss from EUR 35 million to EUR 16 million, despite not benefiting from STM earnings, which contributed EUR 11 million in 1Q04. - New orders rose sharply thanks to the US-101 contract, and to a lesser extent,...

fra/pec - 120511

AVIONEWS - World Aeronautical Press Agency
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