#Leonardo's Board of Directors, convened today under the Chairmanship of Stefano Pontecorvo, examined and unanimously approved 2024 first half results.
"The first half results show double-digit growth across all KPIs. In recent months, we have also achieved significant goals in strengthening international alliances by taking an active role in promoting European Defence. The agreement with Rheinmetall represents a unique opportunity for the development of the new generation of land defence systems," Roberto Cingolani, Leonardo CEO and GM, stated.
"The consolidation of the core defence business continues thanks to the acceleration of the digitalisation process and the rationalisation of the portfolio with the sale of Underwater Armaments & Systems, which gives further impetus to the collaboration between Leonardo and Fincantieri, and the exit from non-core businesses such as IIA and Skydweller. The creation of the new Space Division positions Leonardo in rapidly growing market segments, while targeted acquisitions will strengthen the Cybersecurity business. The efficiency plan is fully operational, with results exceeding expectations. All this confirms our clear direction of travel in line with the objectives of the Industrial Plan," concluded Cingolani.
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