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Last €11.10 EUR
Change Today +0.07 / 0.63%
Volume 18.9K
FNC On Other Exchanges
As of 3:02 AM 07/7/15 All times are local (Market data is delayed by at least 15 minutes).

finmeccanica spa (FNC) Snapshot

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05/29/15 - €12.38
52 Week Low
08/8/14 - €6.31
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Current Stock Chart for FINMECCANICA SPA (FNC)

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finmeccanica spa (FNC) Details

Finmeccanica SpA engages in the helicopters, defense and security electronics, aeronautics, space, defense systems, transportation, and other fields in Italy, the United Kingdom, rest of Europe, North America, and internationally. The company manufactures rotorcrafts for commercial and military applications; and designs, develops, produces, and supports a range of systems for defense, aerospace, information security and protection, infrastructure, and territory, as well as provides sustainable solutions. It is also involved in the design, development, manufacture, maintenance, and overhaul of civil and military aircrafts, unmanned aerial vehicles, training aircrafts, and aero structures, as well as turboprop aircrafts. In addition, the company designs and develops space systems to the management of launch services and in-orbit satellite control, including earth observation services, integrated communications, satellite navigation, and localization to scientific programs, as well as offers satellite systems for telecommunications, monitoring of the environment and the earth's climate, defense and security, exploration, and scientific research. Further, it produces calibre naval guns, artillery to armored vehicles, and guided ammunition to anti-aircraft systems; torpedoes, underwater surveillance sonar systems, and anti-torpedo countermeasure systems for submarines and surface vessels, as well as provides technical support service; and missiles and missile systems for armed forces. Additionally, the company manufactures high-speed trains, diesel and electric locomotives, double-decker electric trains, electric multiple units, diesel multiple units, modern driverless metro systems, and modular light rail vehicles; and buses, as well as designs and supplies traffic management systems, and provides signaling and related services. It is also involved in the design and construction of industrial plants. The company was founded in 1948 and is headquartered in Rome, Italy.

54,380 Employees
Last Reported Date: 03/19/15
Founded in 1948

finmeccanica spa (FNC) Top Compensated Officers

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Executives, Board Directors

finmeccanica spa (FNC) Key Developments

Airbus Defense and Space, Dassault Aviation and Finmeccanica to Conduct a Two-Year Study on Development of a Medium-Altitude/Long-Endurance Unmanned Aerial Vehicle

A two-year study on development of a medium-altitude/long-endurance unmanned aerial vehicle is to be jointly conducted by three European aerospace companies. Airbus Defense and Space, Dassault Aviation and Finmeccanica will conduct the definition study following the signing of a Memorandum of Intent this week by the defense ministers of Germany, France and Italy backing the study, which will lead to a decision on whether or not to develop a European UAV system. The study to be conducted is to determine operational prerequisites and common requirements in performance, scheduling and costs of a UAS in line with the requirements of airworthiness and certification for the use of drones in European airspace. The defense ministries said an actual contract for the definition phase will be issued this year and that OCCAR will be responsible for program management. The European Defense Agency will provide support in the areas of air traffic insertion, airworthiness and certification. Germany, France and Italy are prepared to include other European nations during the program's development and acquisition phases.

Finmeccanica Not Interested In Sikorsky

Mauro Moretti, Chief Executive Officer of Finmeccanica SpA (BIT:FNC) told the shareholders of Finmeccanica in a meeting that Finmeccanica received various propositions with respect to Sikorsky Aircraft Corporation. Mauro Moretti further informed that Finmeccanica is not interested in Sikorsky.

Finmeccanica SpA Reports Earnings Results for the First Quarter of 2015

Finmeccanica SpA reported earnings results for the first quarter of 2015. For the quarter, the company reported revenues of EUR 2.7 billion are up by 4%. EBITA was EUR 157 million is up 11%, and return on sale moved up to 5.9% from 5.5%. The company a positive net result compared to the first quarter of last year. Free cash flow was negative at EUR 880 million, it was around EUR 200 million better than the negative EUR 1,082 million in first quarter the last year.


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Price/Book 1.8x
Price/Cash Flow 9.9x
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