Italy’s Leonardo raises FY orders guidance after strong nine months

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In the first nine-months of the year, new orders rose by 26.8% year-on-year to 11.719 billion euros ($11.42 billion), while earnings before interest, taxes and amortisation (EBITA) were up 2.7% to 619 million euros.

Leonardo upped its guidance for orders in the full year to more than 16 billion euros, against a previous estimate of around 15 billion euros.

($1 = 1.0262 euros)