Added to YB: 2026-09-22
Pitch date: 2026-09-16
LDO.MI [bullish]
Leonardo S.p.a.
-0.76%
current return
Author Info
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Company Info
Leonardo S.p.a., an industrial and technological company, engages in the helicopters, defense electronics and security, cyber security and solutions, aircraft, aerostructures, and space sectors in Italy, the United Kingdom, rest of Europe, the United States of America, and internationally.
Market Cap
EUR 29.1B
Pitch Price
EUR 51.00
Price Target
N/A
Dividend
1.25%
EV/EBITDA
12.90
P/E
25.86
EV/Sales
1.65
Sector
Aerospace and Defense
Category
growth
The European Missile Landscape - Leonardo S.p.a.
LDO.MI (quick overview): Leonardo is the most operationally geared listed European proxy for MBDA’s €44.4bn backlog: its 25% equity-method stake contributed €136.8mn in FY2025, roughly 17.5% of baseline net income. A 20% expansion in MBDA earnings would add €27.4mn to Leonardo’s net profit and drive ~3.5% EPS growth. Leonardo also supplies MBDA programs and owns 29.6% of Avio, the sole Italian supplier of Aster 30 and CAMM-ER solid rocket motor boosters.
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