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Finmeccanica (9): results by sector of activity. Oto Melara, Wass, MBDA

Rome, Italy - Value of production: EUR 748 million (EUR 705 million in 9M03); EBITA: 42 million (no change on 9M03)

"Despite stagnating demand, this business posted growth in volumes and results in line with last year. In the third quarter, EBITA fell from EUR 12 million to EUR 9 million, while EBIT slid from EUR 7 million to EUR 4 million. This decline was due to one-off factors, and will be completely recovered by the end of the year, confirming the growth trend already seen in 2003 and in the first half of 2004....

fra/pec - 107548

AVIONEWS - World Aeronautical Press Agency
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