Leonardo Net Profit Increases by 63% to 1.159 Billion Euros in 2024

Rome: Aerospace and defence giant Leonardo has reported a 63% increase in its net profit for 2024, reaching 1.159 billion euros.

According to Ansa News Agency, Leonardo’s ordinary net profit stood at 786 million euros, marking a 3.7% increase compared to the 2023 proforma. The company’s orders experienced significant growth, rising to 20.9 billion euros, which represents a 12.2% increase compared to the 2023 proforma data.

Additionally, Leonardo’s revenues climbed to 17.8 billion euros, exhibiting an 11.1% rise compared to the 2023 proforma figures. The Earnings Before Interest, Taxes, and Amortization (EBITA) also saw an upward trend, reaching 1.525 billion euros, which is a 12.9% increase from the proforma 2023.