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Finmeccanica (6). Results by sector of activity: Oto Melara, Wass, MBDA

Rome, Italy - Value of production: EUR 519 million (+12% on the EUR 463 million posted in 1H03); EBITA: EUR 33 million (+14%)

"Despite sluggish demand, in the first half of 2004 the defence systems business continued the positive trend seen in 2003, with an improvement in both revenues and profitability, thanks partly to the results of several rationalisation and efficiency programmes carried out in previous years. The division acquired orders worth a total of EUR 283 million in the period, compared with EUR 432 million in...

fra/pec - 103239

AVIONEWS - World Aeronautical Press Agency
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