Stock: Leonardo (LDO)


News: Past 4 years

Announcements


Dividends

2024

Mar 15, 2024: Leonardo announces dividend
Leonardo today announced a cash dividend of 28.0c per share. The ex-dividend date is Monday, June 24, 2024 and it is payable on Wednesday, June 26.

2023

Mar 13, 2023: Leonardo announces dividend
Leonardo today announced a cash dividend of 14.0c per share. The ex-dividend date is Monday, May 22, 2023 and the record date is Tuesday, May 23, 2023 and it is payable on Wednesday, May 24.

2022

Jun 15, 2022: Leonardo announces dividend
Leonardo today announced a cash dividend of 14.0c per share. The ex-dividend date is Monday, June 20, 2022 and it is payable on Wednesday, June 22.

2021

Dec 01, 2021: Leonardo announces dividend
Leonardo today announced a cash dividend of 14.0c per share. The ex-dividend date is Sunday, August 06, 2023 and it is payable on Wednesday, August 06, 2025.

Nov 30, 2021: Leonardo announces dividend
Leonardo today announced a cash dividend of 14.0c per share. The ex-dividend date is Sunday, August 06, 2023 and it is payable on Wednesday, August 06, 2025.

2020

May 30, 2020: Leonardo announces dividend
Leonardo today announced a cash dividend of 14.0c per share. The ex-dividend date is Monday, June 22, 2020 and it is payable on Wednesday, June 24.

Press Releases

2022

Mar 31, 2022: Quarterly Activities Report: Leonardo Cash Balance decreases 85%
As per a report dated March 31, 2022 the Cash Burn of operating activities was EUR977,000,000 in the quarter ended March 31, 2022. This corresponds to an average Cash Burn Rate of EUR325,666,667 per month.
Quarter ended 31 Mar 2022EUR
Cash and cash equivalents at beginning of period2.5 billion
Net cash from / (used in) operating activities(977 million)
Net cash from investing activities(710 million)
Net cash from financing activities(418 million)
Effect of movement in exchange rates on cash held9 million
Cash raised (used) during quarter(2.1 billion)
Cash and cash equivalents at end of period383 million


2021

Sep 30, 2021: Quarterly Activities Report: Leonardo Cash Balance decreases 79%
As per a report dated September 30, 2021 the Cash Burn of operating activities was EUR996,000,000 for the nine months ended September 30, 2021. This corresponds to an average Cash Burn Rate of EUR110,666,667 per month.
Quarter ended 30 Sep 2021EUR
Cash and cash equivalents at beginning of period2.2 billion
Net cash from / (used in) operating activities(996 million)
Net cash from investing activities(408 million)
Net cash from financing activities(364 million)
Effect of movement in exchange rates on cash held22 million
Cash raised (used) during quarter(1.8 billion)
Cash and cash equivalents at end of period467 million

Jun 30, 2021: Leonardo : Outlook
The pandemic continues to lead to a high level of volatility in the global context.

Although the situation is expected to improve gradually over the course of the year, the macro-economic and health outlook remain uncertain in the short term.

Although the situation is expected to improve gradually over the course of the year, the macro-economic and health outlook remain uncertain in the short term.

Our Guidance for 2021 assumes a progressive improvement in the global health situation through the year with consequent normalization of operating / market conditions. This is expected to deliver

high levels of new orders (approx. EUR 14 bn), reflecting a strong positioning of the Group's products and solutions and effective commercial penetration in key markets;  revenues of EUR 13.8-14.3 bn, up compared to 2020 based on the expected contribution of new orders and the delivery of activities in backlog on military / government programmes, in particular EFA Kuwait;  increasing profitability, with EBITA of EUR 1,075 - 1,125 mil, driven by the expected growth in volumes and continued solid industrial profitability of the main business areas, offsetting mix effect of programmes under development and growing shares of prime contractor revenues; the estimate reflects also continued pressure in the civil sector, in particular Aerostructures and GIE-ATR;  FOCF of approx. EUR 100 mil, assuming a solid performance from the main divisions, a significant cash absorption by the Aerostructures of around EUR 350-400 mln, and "normalization" of the levels of net investments and operating expenses compared to the extraordinary measures implemented in 2020;  Group net debt of approx. EUR bil. 3.2 assuming no dividend payable for 2020 results and no strategic private and public transaction.

The estimates for the year 2021 are summarized below.

Source: Annual report

Mar 31, 2021: Quarterly Activities Report: Leonardo Cash Balance decreases 82%
As per a report dated March 31, 2021 the Cash Burn of operating activities was EUR1,312,000,000 in the quarter ended March 31, 2021. This corresponds to an average Cash Burn Rate of EUR437,333,333 per month.
Quarter ended 31 Mar 2021EUR
Cash and cash equivalents at beginning of period2.2 billion
Net cash from / (used in) operating activities(1.3 billion)
Net cash from investing activities(108 million)
Net cash from financing activities(402 million)
Effect of movement in exchange rates on cash held17 million
Cash raised (used) during quarter(1.8 billion)
Cash and cash equivalents at end of period408 million