Leonardo: performance in 2021 with FOCF at ca. 200 million euros, about double what was expected

(To Leonardo)

Leonardo's Board of Directors completed the preliminary analysis of the expected performance in 2021. This analysis highlighted an excellent performance during the year.

The Group expects to close the year with Orders, Revenues and EBITA in the upper part of the Guidance with a FOCF of approx. 200 million euros, about double the original Guidance. This is due to the excellent performance of the military / government business, the lower cash absorption in the Aerostructures and the efficiency actions across the Group.

Leonardo will present the details relating to the 2021 performance on the occasion of the presentation of the 2021 Results scheduled for 10 March 2022. On the same occasion, the Guidance for the current year will also be provided.