Leonardo, the Board of Directors approves the results as of 30 September 2023

(To Leonardo)

Leonardo's Board of Directors, which met today under the chairmanship of Stefano Pontecorvo, examined and unanimously approved the results as of 30 September 2023.

“The first nine months of 2023 – declared Roberto Cingolani, CEO and General Director of Leonardo – confirm the solidity of the business in line with expectations. Leonardo increased its order book and confirmed its competitiveness in all business areas. The Aerostructures are confirming the recovery path in line with expectations".

“All the main economic and financial indicators – added Roberto Cingolani – are performing well, with a good increase in profitability. The expected reduction in interim cash absorption has also generated positive effects on the reduction of net debt".

“We are implementing the digitalisation path of processes and products – concludes Roberto Cingolani - to further strengthen the competitiveness of our offer, integrating our new growth areas in Cyber ​​and Space into the core business. We are working on the new Industrial Plan which we will present to the financial market with the 2023 results".

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