After 6 years Leonardo returns to distribute the dividend. Indeed, the board of directors of the Italian multinational approved the 2016 results and resolved to propose to the shareholders' meeting the distribution of a dividend equal to 0,14 euro (1% yield) for each ordinary share that will be outstanding on the ex-coupon date. The dividend will be payable starting from 24 May 2017, with coupon detachment date 22 May 2017 and record date (i.e. the date on which the dividend is legitimized to pay) 23 May 2017: it is the first dividend after 6 years.
The net ordinary result was instead equal to 545 million euros, more than doubled compared to the 253 million of 2015. Net income is 507 million euros, 20 million less than the 527 million of 2015 due to a lower contribution from extraordinary transactions compared to 2015. Revenues fell slightly to 12 billion (-7,6%), while Ebit, Ebita and Ebitda increased respectively by 11, 4 and 2%. Net debt fell by 13% to 2,8 billion.
“The return to the coupon signals a return to normality and sustainability,” he commented Mauro Moretti, Leonardo's CEO. The news did not fail to push the stock to the top of the increases on Piazza Affari: around 15 pm Leonardo gained 3,49% to 13,35 euros per share, outperforming the Ftse Mib index which gained 0,76% to 19.685,53 .XNUMX points.
Meanwhile, just this morning the news had arrived that the Financiers of the Provincial Command of the Guardia di Finanza of Rome, following investigations delegated by the Public Prosecutor's Office, have notification of the guarantee notice to 82 people, including managers and employees of Finmeccanica, today Leonardo (many of whom have since retired or left the company), for aggravated embezzlement and for having carried out massive tax evasion through the fictitious location abroad of a group company for over 135 million. "Leonardo's current top management, not involved in the matter, has ensured maximum collaboration", reads a note from the Guardia di Finanza.
