Finmeccanica has been awarded new orders with a total value close to 173 million euro through the subsidiaries DRS Technologies, Ansaldo Energia, Ansaldo STS and SELEX Galileo. After the news, the stock rose on the Stock Exchange by 3,71% to 3,638 euros.
At the same time, the consensus of the company and of analysts on the past and current year was disseminated. For 2011, experts forecast revenues of 17,4 billion, therefore, within the range of 17-17.5 billion euros proposed by the company, as well as adjusted Ebita, forecast at -228 million euros, also substantially in line with the -200 million guidance.
La net loss is instead estimated at 2,02 billion euro, although according to some sources it could be higher, even reaching 2,5 billion euros, due to greater devaluations. Net debt will settle at 3,56 billion according to analysts, against the company's target of 3,4 billion.
Estimates for 2012 the company speaks of expected revenues of 17,2 billion (Equita analysts estimate 17,3 billion), adjusted Ebita at 935 million (against 963 estimated by Equita), lnet profit at 204 millioni (for Equita 55) and net debt of 3,54 billion euro.
The Equita analysts, who maintain the hold rating and the target price of 4,2 euros on the Finmeccanica stock, specified that the differences in the estimates are attributable to restructuring costs and that, moreover, any upward revisions are not to be expected , except for some difficult transfers.
