Leonardo sees revenue, profit rising in 2025

Italian defence and aerospace group Leonardo LDO expects revenues to rise to around 18.6 billion euros ($20.3 billion) this year, the company said in a statement on Tuesday.

The company, which published preliminary 2024 results last month, expects EBITA profit of around 1.66 billion euros in 2025, it added.

Leonardo, one of the companies poised to benefit from increased European defence spending, is scheduled to release details of a new strategic plan later on Tuesday.

($1 = 0.9161 euros)