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Iveco said to near defence, commercial deals with Leonardo, Tata
Iveco Group NV is close to selling its defense unit to Italy's Leonardo SpA and its commercial vehicle segment to India’s Tata Motors. The move supports Italy’s preference for local control of defense assets and would boost Tata’s European footprint in commercial mobility.
On 7 th February 2025, Iveco Group announced that it would separate its Defence Business from its commercial vehicles business in order to provide both with greater focus and strategic flexibility.
Currently, the analyst consensus on Leonardo Spa is a Strong Buy with an average price target of €31.62, implying a 10.60% upside from current levels.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Leonardo Spa (BIT:LDO), with a market cap of €5.7b, often get neglected by retail ...
US aircraft manufacturer Textron has revealed the aircraft it intends to compete to be the US Navy’s (USN’s) new trainer jet.
Based on Leonardo Spa’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €16.51 million and a GAAP net loss of €26.52 million. In ...
Leonardo S.P.A. - Unsponsored ADR is currently sporting a Zacks Rank of #1 (Strong Buy). Within the past quarter, the Zacks Consensus Estimate for FINMY's full-year earnings has moved 13.6% higher.
Italy's aerospace and defence group Leonardo on Wednesday improved its 2025 guidance for orders, free cash flow and net debt, ...
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