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Finmeccanica loses 87% in its profits for 1Q2002

Rome, Italy

As published yesterday by AVIONEWS, Finmeccanica SpA has confirmed that its net profit in the first three months of the year fallen 87% to 13.891 mln eur from 104.627 mln as the contribution to earnings from its affiliate STMicroelectronics dropped to 7 mln from 81 mln. In the quarter, sales rose to 1.607 bln eur from 1.446 bln. (Gio/B)

AVIONEWS - World Aeronautical Press Agency - 28277

AVIONEWS - World Aeronautical Press Agency
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