Finance and economy - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
339 news found
Finance and economyFinmeccanica. Shareholders’ Meeting: filing of documentation
Rome, Italy - It will be convened in May
With reference to the Ordinary Shareholders’ Meeting, convened for 9 and 15 May 2014 (first and second call) and to the Extraordinary Shareholders’ Meeting, convened for 9, 14 and 15 May 2014 (first, sec... more
Finance and economyFinmeccanica: the BoD approves the 2013 financial statements: return to net profit and new orders up by 11%
Rome, Italy - Profitability up in Aerospace and Defence; AnsaldoBreda negatively affects the overall performance
The Board of Directors of Finmeccanica, convened under the chairmanship of Gianni De Gennaro, examined and unanimously approved the draft of Group consolidated and Finmaccanica SpA financial statements... more
Finance and economyFinmeccanica successfully tap the Eurobond market with a EUR 250 million offering
Rome, Italy - Through its wholly owned subsidiary Finmeccanica Finance S.A.,
Last Friday Finmeccanica, through its wholly owned subsidiary Finmeccanica Finance S.A., successfully tapped the Eurobond market with a EUR 250 million bond issue, incremental of the EUR 700 million issue... more
Finance and economyFinmeccanica: "TAP" to the EUR 700 million bonds
Rome, Italy - Coupon 4.5%, maturity January 2021
Finmeccanica has mandated a group of primary international banks to organize the issue of an additional amount of bounds (TAP) to the EUR 700 million issue, coupon 4.5%, maturity January 2021, issued in... more
Finance and economyFinmeccanica: financial calendar 2014
Rome, Italy - Resolutions regarding Corporate Governance
Finmeccanica advises the annual calendar of corporate events for the year 2014, as shown in the table below: · Wednesday 19 March – Board of Directors: Draft Annual Report for 2013; Consolidated Re... more
Finance and economyFinmeccanica successfully issues a benchmark EUR 700 million of long 7-year bonds
Rome, Italy - Through its wholly owned subsidiary Finmeccanica Finance
Today Finmeccanica, through its wholly owned subsidiary Finmeccanica Finance S.A., successfully issued EUR 700 million of bonds in the capital markets. The issue has a long 7-year life, with maturity... more
Finance and economyBoD of Finmeccanica: the Interim Financial Report at 30 September and the results for the 3Q13
Rome, Italy - Aerospace and Defence in line with forecasts; still a negative performance for AnsaldoBreda
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Gianni De Gennaro, examined and unanimously approved the Interim Financial Report at 30 September 2013 and the results... more
Finance and economyFinmeccanica confirmed in the Dow Jones Sustainability Indexes World and Europe
Rome, Italy - For the fourth consecutive year
Finmeccanica has been selected and admitted for the fourth consecutive year to the Dow Jones Sustainability Indexes (DJSI) that reward the behaviours of the companies most committed to sustainability themes. The... more
Finance and economyFinmeccanica: the Board of Directors approves the half-year financial report at 30 June
Rome, Italy - The main figures of the first six months and of the second quarter 2013
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of Giovanni De Gennaro, has examined and unanimously approved the Half-Year Financial Report at 30 June 2013. Comments... more
Finance and economyFinmeccanica: shareholders' meeting approves 2012 financial statements
Rome, Italy - At 31 December 2012, the Group’s results were higher
The Shareholders' Meeting of Finmeccanica SpA, held yesterday in Rome, approved the Company's financial report for the Full Year 2012 and reviewed the consolidated financial report. At 31 December 2012,... more
Finance and economyFinmeccanica: the BoD approves the Interim Financial Report at 31 March 2013
Rome, Italy - Results in line with the expectations
The Board of Directors of Finmeccanica, convened yesterday under the chairmanship of the Vice-Chairman, Admiral Guido Venturoni, examined and unanimously approved the Interim Financial Report at 31 March... more
Finance and economyAvio: financial results 2012. Investment reaches €161 million; Order book of €6.9 billion
Rivalta di Torino, Italy - Preparations are in train for Vega’s first commercial flight in May
Today, Avio announces its full-year financial results for 2012, marking yet another flagship moment in the company’s journey towards growth and development. In 2012, the Group -a reference in the a... more
Finance and economyFinmeccanica: rescheduling of financial calendar for 2013
Rome, Italy - Fixed in April, May and June
Following the announcement of 21 February 2013 and as partial amendment to the Financial Calendar released on 19 December 2012, Finmeccanica informs that: · the Board of Directors Meeting to approve... more
Finance and economyToday S&P lowered Finmeccanica SpA long-term corporate credit rating from BBB- with Negative
Rome, Italy - The S&P decision does not change the terms of the outstanding Finmeccanica loans and bond issues.
Today S&P lowered Finmeccanica SpA long-term corporate credit rating from BBB- with Negative Outlook to BB+ with Stable Outlook, mainly due to the longer than expected timing in the execution of the disposal... more
Finance and economyFinmeccanica about GE-Avio transaction: it is subject to regulatory and governmental approvals
Rome, Italy - About EUR 260 million
Finmeccanica announces that the company Avio SpA, 100% controlled by BCV Investments SCA (“BCV”), which is 14.3% owned by Finmeccanica, has sold to GE the activities related to its aircraft engine div... more
Finance and economyFinmeccanica launched issue of bonds for EUR 600 million in the capital markets
Rome, Italy - The proceeds will be used to refinance a portion of existing indebtedness maturing in December 2013
On November 28 Finmeccanica, through its wholly owned subsidiary Finmeccanica Finance SA, issued EUR 600 million of bonds in the capital markets. The bonds, available only to institutional investors, have... more
Finance and economyFinmeccanica: key performance indicators
Rome, Italy - New orders totalled €10,652 million
Key performance indicators New orders totalled €10,652 million, compared to €10,638 million for the corresponding period of the previous year. On a like-for-like basis (using the same consolidation per... more
Finance and economyFinmeccanica BoD: key financial data
Rome, Italy - Key figures for the third quarter of 2012
Key figures for the third quarter of 2012 (For comparative purposes, it should be noted that the results for the third quarter of 2011, particularly Adjusted EBITA, of the Aeronautics business segment... more
Finance and economyFinmeccanica: BoD approves the Interim Financial Report at 30 September 2012
Rome, Italy - And the results of operations of the third quarter 2012 (figures are unaudited)
Finmeccanica’s Board of Directors held on 8 November 2012, chaired by Giuseppe Orsi, unanimously approved the Interim financial report at 30 September 2012 and the results of operations of the third q... more
Finance and economyFinmeccanica confirmed in the Dow Jones Sustainability Indexes
Rome, Italy - for the third consecutive year
Finmeccanica announces that also for the period 2012/2013, the third consecutive year, has been admitted to the Dow Jones Sustainability Indexes. In particular, Finmeccanica has been confirmed to the... more
Finance and economyFinmeccanica's BoD: financial performance for the period
Rome, Italy - New orders: €4,200 million
Financial performance for the period Finmeccanica’s board of directors met on 31 July, chaired by Giuseppe Orsi, examined the results of the second quarter of 2012 and unanimously approved the I... more
Finance and economyFinmeccanica: the BoD has examined the results of operations of the second quarter of 2012
Rome, Italy - And approved the Interim Financial Report at 30 June 2012
The board of directors of Finmeccanica examined yesterday the results of operations of the second quarter of 2012 and approved the Interim Financial Report at 30 June 2012 (all data are unaudited). Key... more
Finance and economyAvio: Italian FSI ready to invest in the IPO
Rivalta di Torino, Italy - Loan agreements with creditor banks amended and extended
"In view of the planned IPO of Avio SpA ("Avio"), an agreement was entered into among Avio, Finmeccanica Finance SA, a company of the Finmeccanica group ("Finmeccanica"), Fondo Strategico Italiano SpA... more
Finance and economyFinmeccanica-Fsi-Avio-Bcv: reached agreement
Rome, Italy - It will allow FSI to become a shareholder of Avio with a stable ownership of approximately 15%, for purchasing all the shares held by Finmeccanica
Finmeccanica Finance SA, a Finmeccanica Group (“Finmeccanica”) company, Fondo Strategico Italiano SpA (“FSI”), Avio SpA (“Avio”) and the parent company BCV Investments SCA, have reached an agreement -... more
Finance and economyFinmeccanica: supplementary disclosures requested by CONSOB
Rome, Italy - Pursuant to and for the purposes of Art. 114, paragraph 5, of Legislative Decree 58/1998
"Pursuant to and for the purposes of Art. 114, paragraph 5, of Legislative Decree 58/1998, in compliance with the request received from CONSOB on 9 May 2012, Finmeccanica publishes the following information,... more
Finance and economyHelicopters and industry: Finmeccanica stabilized at EUR 3 per share
Milan, Italy - Doubts and uncertainties on Selex future
After the wave of controversy related to alleged illegal payments which Finmeccanica is said to have paid through its subsidiary AgustaWestland to ease international sales, the Italian giant's shares stabilized... more
Finance and economyFinmeccanica: the BoD approves the interim financial report at 31 March 2012
Rome, Italy - Key 1Q 2012 figures
Finmeccanica: the Board of Directors approves the interim financial report at 31 March 2012. Key 1Q 2012 figures · New orders: EUR 3.480 billion · Order backlog: EUR 45.721 billion · Revenues: EU... more
Finance and economyFinmeccanica: analysis of financial data
Rome, Italy - Orders amounted to EUR 3,480 million
Analysis of financial data The Board of Directors’ meeting of Finmeccanica, which was held on 2 May 2012 under the chairmanship of Giuseppe Orsi, examined and unanimously approved the interim financial r... more
Finance and economyPanama ready to cancel Finmeccanica orders if Italian accusations continue
Rome, Italy - Risk of a 200 million dollar contract loss
Raùl Mulino, minister of Security in Panama, today threatened Rome with the cancellation of existing Finmeccanica orders (currently Panama is purchasing 19 radars and 6 helicopters for a total price of... more
Finance and economyFinmeccanica: examined and approved the financial statements for 2011
Rome, Italy - Under the chairmanship of Giuseppe Orsi
Finmeccanica’s board of directors, meeting yesterday under the chairmanship of Giuseppe Orsi, examined and unanimously approved the preliminary financial statements for 2011. 2011 Results The r... more
Finance and economyFinmeccanica: rescheduling of the Financial Calendar 2012
Rome, Italy - As reported on 24 January 2012
Finmeccanica informs that the meeting of the Board of Directors to approve the draft Annual Report for 2011 will be held on Tuesday 27 March 2012 instead of Wednesday 14 March 2012 and that the Shareholders’ M... more
Finance and economyFinmeccanica: information on the outcome of the share buyback programme
Rome, Italy - The company now holds a total of 32,450 own shares, equivalent to around 0.0056% of the company’s share capital
In compliance with the provisions of article 144-bis, paragraph 4, of the Issuer Regulations implemented by Consob resolution 11971/1999, Finmeccanica advises that on 31 December 2011 the deadline for... more
Finance and economyFinmeccanica: Standard&Poor’s will maintain society's status
Rome, Italy - At investment grade level
"Standard&Poor’s yesterday announced it will maintain Finmeccanica’s investment grade status, while lowering its long-term credit rating from BBB/Negative Outlook to BBB-/ Negative Outlook and maintaining at... more
Finance and economyFinmeccanica's BoD. Breakdown of key figures
Rome, Italy - The order backlog was EUR 44,811 million
Breakdown of key figures New orders totalled EUR 10,638 million in the first nine months, down EUR 2,841 million (-21%) on the EUR 13,479 million recorded for the first nine months of 2010. This decline... more
Finance and economyFinmeccanica. Third-quarter financial results to 30 September 2011
Rome, Italy - New orders were EUR 10,638 million
Third-quarter financial results to 30 September 2011. NB The 9M11 results reflect the impact of the sale of 45% of Ansaldo Energia on 13 June 2011, date from which Ansaldo Energia has been consolidated... more
Finance and economyItalian "Cassa Depositi e Prestiti" seems to be interested in Italian Avio too
Milan, Italy - To save a strategic company
Following the announcement by the French company Safran, saying that it was considering the acquisition of Italian Avio; issue followed also by a parliamentary question (see AVIONEWS), it seems that the... more
Finance and economyFinmeccanica launches share buyback programme
Rome, Italy - For a maximum of 1,530,287 ordinary shares
"Finmeccanica advises that, pursuant to article 144-bis, paragraph 3, of Consob Regulation 11971/1999, it is to proceed with the launch of the share buyback programme approved by the shareholders’ meeting h... more
Finance and economyBad day for Finmeccanica's shares
Cernobbio, Italy - The president Guarguaglini speaks from Cernobbio
Finmeccanica lost about 18 points today on the Stock Exchange at close of business (opening price 5.200, closing price 5.025), however considering, on a day, negative for all markets, and despite the statements... more
Finance and economyFinmeccanica: negative day for its title in the Stock Exchange
Milan, Italy - CEO Orsi has written to the Group's workers according to that reported today by "MF"
The Finmeccanica's title has opened this morning at Milan's Stock Exchange at 5.14 recording a maximum of 5.165 and a minimal of 4.902. In addition today the economical daily "Milano Finanza" published... more
Finance and economyStock Exchange. Finmeccanica opens today at 4.96
Milan, Italy - The title lost 3.84% yesterday
The Finmeccanica's title closed yesterday at EUR 5.02 (-3.84%) decreasing compared to the remaining of the "Electronics/Electromechanical" Group confirming the weakness also compared to the index. The... more
Finance and economyFinmeccanica's BoD: breakdown of key figures
Rome, Italy - In 2010, certain restructuring programs were launched
In 2010, certain restructuring programs were launched to improve company performance and Group profitability. At the same time, the strained economic outlook of Western economies led to strong pressure... more
Finance and economyFinmeccanica presents its first Sustainability Report
Rome, Italy - Yesterday in Rome, at the Museo dell’Ara Pacis
Finmeccanica presented its Sustainability Report 2010 yesterday in Rome, at the Museo dell’Ara Pacis. The event has been attended by Cardinal Gianfranco Ravasi, President of the Pontifical Council for C... more
Finance and economyMoody's puts under observation, Italian companies, regions and provinces
Milan, Italy - Among the others Finmeccanica, Eni, Enel
Italy is under the eyes of Moody's, the U.S. credit rating agency: two notes issued by the company explain the motivation and publish the list of institutions and societies involved in the rating review,... more
Finance and economyFinmeccanica's Board: breakdown of key figures
Rome, Italy - Revenues in 2010 were EUR 18,695 million
Revenues in 2010 were EUR 18,695 million, versus EUR 18,176 million in 2009, an increase of EUR 519 million (2.9%). The rise is mainly attributable to higher production volumes in Helicopters (particularly... more
Finance and economyFinmeccanica above guidance for FOCF and orders in 2010
Rome, Italy - Its Board of Directors examined yesterday the financial and commercial forecasts
The Finmeccanica Board of Directors met yesterday to examine the financial and commercial forecasts for 2010. Specifically, in 2010: · Free Operating Cash Flow (FOCF) is expected to be between... more
Finance and economyFinmeccanica's Board: breakdown of key figures
Rome, Italy - The results for the first three quarters of the financial year do not fully reflect the trend for the full year
Breakdown of key figures Before examining in detail the nine-month results to 30 September 2010, it is important to note that generally the results for the first three quarters of the financial year... more
Finance and economyFinmeccanica signs a new credit facility worth EUR 2.4 billion
Rome, Italy - It has been signed yesterday in London
In London yesterday, Finmeccanica signed a new credit facility worth EUR 2.4 billion, which will have a duration of five years, with a syndicate of 24 domestic and international credit institutions co-ordinated... more
Finance and economyFinmeccanica admitted to Dow Jones Sustainability Indexes World and Europe
Rome, Italy - For the first time
For the first time, the Finmeccanica stock has been admitted to the Dow Jones Sustainability Indexes World and Europe, which assess the performances of leading companies in terms of economic, environmental... more
Finance and economyFinmeccanica's Board: breakdown of key figures
Rome, Italy - Revenues were EUR 8,654 million in 1H10
Revenues were EUR 8,654 million in 1H10, up EUR 131 million (+1.5%) versus EUR 8,523 million in the same period of 2009. The increase was mainly the result of higher production volumes in the Helicopters... more
Finance and economyFinmeccanica: Board of Directors approves first-half results
Rome, Italy - Results in line with budget
Finmeccanica's Board of Directors approved yesterday first-half results. Revenues and operating profits remain stable. Net profit of EUR 194 million. In detail: · Overall results in line with... more