Day of accounts for Telecom and Leonardo. The two companies listed on the FtseMib saw their balance sheets improve in the first quarter of the year: in particular, the telecommunications group closed the first three months of the year with consolidated revenues of 4,8 billion euros, an increase of 8,5 .2016% compared to the same period of 2012, recording the best consolidated result since 2. Group EBITDA stood at 16,2 billion euros (+2017%). Income attributable to owners of the parent amounted to €200 million in the first quarter of 433, compared with €2016 million in the first three months of 115, including net non-recurring charges of €25,2 million. Adjusted net financial debt stood at €1,9 billion, down by €2016 billion compared to the end of March XNUMX.
Leonardo instead closes the first quarter of 2017 with a net profit of 78 million euros (+39% ordinary, +21,9% in the absence of extraordinary transactions), and orders at 2,647 billion euros, up (+3 %) compared to the first quarter of 2016. The order backlog rises by 25% compared to March 2016. The group communicates this in a note, underlining that the "significant" growth of Ebita (+14%) and Ebit (+16% continues) ), with a RoS of 7,6%. Net debt stood at 3,25 billion (-22,7%) thanks to the positive cash flow trend. Revenues, equal to 2,476 billion euros, -2,4% compared to the first quarter of 2016, "record a decrease due to the reduction in revenues in Helicopters and the negative effect of the pound/euro exchange rate", explains Leonardo, underlining that "in consideration of the results obtained in the first quarter and the expectations for the subsequent ones, the guidance for the entire year formulated when preparing the financial statements as at 31 December 2016 is confirmed".
