For Leonardo's (formerly Finmeccanica) new industrial plan, the first signed by the new number one, Alessandro Profumo, the countdown has begun and the place where it will be presented is more than symbolic. Profumo will unveil his cards on 30 January in Vergiate, in the province of Varese, in the former AgustaWestland plant, where the group's helicopters are manufactured.
It is precisely on the future of Leonardo's helicopters that the market will follow the profit warning launched in Novemberexpects news and expects to understand how Profumo intends to overcome the difficulties of the sector.
But the market expects much more and above all to understand how the former head of Unicredit intends to relaunch Leonardo after the disbanding of the Moretti era. There will be no shortage of news but it would be a mistake to expect revolutions or stews from the group. There will be none of this but rather an obsessive attention to the growth of revenues and margins with an additional effort in the commercial area through a renewed offer of products and services but above all a constant commitment to customer loyalty both in traditional and on emerging markets.
The market also expects precise indications from Profumo on alliances and shareholdings and in particular on the future of the MBDA missile joint venture and on that of the consortium with Airbus which produces regional aircraft and which is experiencing many problems. But, given the meticulousness with which he is preparing for the Lombard appointment at the end of the month, he is sure that Profumo will not disappoint and that from Vergiate it will be better understood where Leonardo's new course really intends to go.
