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Finmeccanica (7): results by sector of activity. Alenia Spazio, Telespazio

Rome, Italy - Value of production: EUR 523 million (EUR 486 million in 9M03); EBITA: 9 million (from EUR –37 million in 9M03)

"The commercial space market is starting to show signs of a recovery which may gather pace in the medium term. In the short term, however, the continued downturn on the telecommunications market has slowed demand for new satellite systems and services. In addition to the benefits arising from the Galileo programme (with 30 satellites to be produced by 2010), growth is expected to come from the funds...

fra/pec - 107544
Rome, Italy, 11/12/2004 17:06
AVIONEWS - World Aeronautical Press Agency

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