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Finmeccanica: Board of directors approves half-year 2004 report

Rome, Italy - Consolidated net profit jumps 43% to EUR 40m, while value of production rises 6.4% to EUR 4,310m. Operating profits improve as do margins

"Finmeccanica posted better-than-expected results for the first half of 2004, which were also an improvement on the same period of last year. In addition to a rise in value of production, pre-tax profit and net profit, there was also a sharp increase in operating profitability compared with 1H03. This bears out the group’s ability to remain profitable while maintaining a strong capital and financial b...

fra/pec - 103229

AVIONEWS - World Aeronautical Press Agency
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