Leonardo S.p.A. FY2022: revenue €14.7B, net result €932M, dividend €0.14

Leonardo DRS, Inc.

New orders €17.3B (+21% YoY), backlog €37.5B, book-to-bill 1.2x.
EBITA €1.2B (+14.9% adjusted); ROS 8.3% (+0.8pp) driven by Defense Electronics & Security.
Free operating cash flow €539M (+187% YoY); net debt €3,016M (-3.4% from €3,122M).
FY2023 guidance: orders ~€17B, revenue €15.0-15.6B, EBITA €1,260-1,310M, FOCF ~€600M.
Med-term targets: cumulative revenue ~€85B (2023-2027), cash generation ~€3B (2021-2025).

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

Leonardo DRS, Inc. reported financial results for the year ended December 31, 2022.

Period: the year ended December 31, 2022
Result: reported results

Exact text from the filing

On March 9, 2023, Leonardo DRS, Inc.'s (the “Company”) majority stockholder, Leonardo S.p.A., an Italian società per azioni, listed on the Milan Stock Exchange, (“Leonardo S.p.A”), of which the Company is a consolidated subsidiary, issued a press release announcing consolidated financial results for the year ended December 31, 2022 (the "Press Release”), which is attached hereto as Exhibit 99.1, as well as its Integrated Annual Report for the year ended December 31, 2023 (the “Annual Report”) which is attached hereto as Exhibit 99.2.

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Leonardo DRS, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-23-007451

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