Helicopters Lift Leonardo's Annual Results | Aviation International News

Helicopters Lift Leonardo's Annual Results

Aided by the success of its helicopter division, Leonardo posts strong 2018 financial results.

By Mark Huber • Contributor

March 13, 2019

Leonardo's annual financial results for 2018 were markedly improved from the previous year, led by the dramatic success of its helicopter division, according to results the company released on Wednesday. Overall, new order intake increased by 32 percent, to $17.34 billion; revenues were up by 5 percent, to $14.05 billion year over year; and net profit increased by 83 percent to $578 million. The company’s overall order backlog increased to $41 billion.

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