Leonardo S.p.A., formerly Leonardo-Finmeccanica, is a publicly traded Italian aerospace and defence company that has become one of the key players in the global market for these sectors. It was founded by entrepreneur Giuseppe Orsi in 1948 and went public on the Milan Stock Exchange in 2016. Since then, the company's market capitalization has grown significantly, making it one of the largest enterprises on the Italy 40 index.
Leonardo is well known for its strategic business partnerships with some of the biggest names in aerospace and defence, and its innovative products have become sought after by many military forces around the world. With a wide range of products ranging from helicopters and aircraft to missiles, satellites, and training systems, Leonardo continues to be at the forefront of the global aerospace and defence industry.
Leonardo SpA's share price has been on an upward trend since its initial public offering in 2019. The stock hit its highest level to date of €32.4 per share in March 2000, driven by strong investor demand and a positive outlook for the company's future performance.
The stock has seen some volatility over the past couple of years due to external events, such as the Covid-19 pandemic. While prices dropped in early 2020 due to the economic uncertainty caused by this event, they recovered and now trading at around €10 per share.
Looking ahead, analysts are optimistic about Leonardo SpA's prospects in 2023. The company is expected to continue its expansion and launch new products, which could drive up the stock price further. Investors should keep a close eye on upcoming events that may affect the share price, such as earnings results or regulatory changes.
Leonardo is a global aerospace, defence, and security company that competes with the likes of Boeing, United Technologies Corporation (UTC), Northrop Grumman, and Raytheon. Each company has its own strengths and weaknesses when compared to Leonard.
Boeing has traditionally been strong in commercial aviation, while UTC is a leader in defence and aerospace. Northrop Grumman is expected to expand its defence portfolio, and Raytheon has a strong presence in military and aerospace. All of these companies have higher stock prices than Leonardo, so they are better-established players in the industry.
Leonardo is distinguished by its expansive portfolio and international presence. The company's strengths include its focus on innovation and its diversified business model with an emphasis on both defence and commercial aircraft.
|Swap long||[[ data.swapLong ]] points|
|Swap short||[[ data.swapShort ]] points|
|Spread min||[[ data.stats.minSpread ]]|
|Spread avg||[[ data.stats.avgSpread ]]|
|Min contract size||[[ data.minVolume ]]|
|Min step size||[[ data.stepVolume ]]|
|Commission and Swap||Commission and Swap|
|Trading Hours||Trading Hours|
* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.