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Finmeccanica: Board of Directors approves the 1H05 results: EBIT +29% and net profit at EUR 105 million

Rome, Italy - Focus on integrating acquisitions and growing profitability; management confirms its guidance for FY2005

"- EBIT rose 29% in 1H05, following growth of 13% in value of production to EUR 4,958 million. Net profit was EUR 105 million, vs. EUR 94 million in the same period of 2004 (which benefited moreover from EUR 62 million from the stake in STM). - New orders were up 123% on 1H04, thanks mainly to the US-101 and the Eurofighter electronics programmes. - The group has consolidated AgustaWestland and,...

fra/pec - 128036

AVIONEWS - World Aeronautical Press Agency
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