Leonardo Full Year 2023 Earnings: EPS: €1.23 (vs €1.61 in FY 2022)

Leonardo (BIT:LDO) Full Year 2023 Results

Key Financial Results

• Revenue: €15.3b (up 3.9% from FY 2022).
• Net income: €705.0m (down 24% from FY 2022).
• Profit margin: 4.6% (down from 6.3% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: €1.23 (down from €1.61 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Leonardo Earnings Insights

Looking ahead, revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Aerospace & Defense industry in Italy.

Performance of the Italian Aerospace & Defense industry.

The company's share price is broadly unchanged from a week ago.

Balance Sheet Analysis

Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. We have a graphic representation of Leonardo's balance sheet and an in-depth analysis of the company's financial position.

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