Leonardo closed its first quarter 2026 results with an adjusted net profit of €184 million, 60% up compared to the same period in 2025, the defence and aerospace giant said Wednesday, confirming its guidance for the coming year.
Revenues rose to €4.4 billion (+10% excluding the negative exchange rate effect).
EBITA grew to €281 million (+33%).
The order backlog rose to €57 billion (+23%) also due to the consolidation of Iveco Defense Vehicle.
The company confirms its 2026 guidance.
"We achieved excellent results in the first quarter of 2026.
All key financial indicators showed significant progress, confirming the effectiveness of the Group's commercial and operational initiatives and the integrated technology strategy underlying our industrial plan," commented CEO Roberto Cingolani.
"The upward revision to our rating by Moody's and our outlook by Standard & Poor's further demonstrate the Group's financial solidity.
"The completion of the acquisition of Iveco Group's Defense business represents a significant strategic step that strengthens our position in land defense, completes our portfolio, and consolidates Leonardo's role as an Original Equipment Manufacturer capable of integrating software, hardware, and digital services for security and defense."
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