Last €7.07 EUR
Change Today +0.145 / 2.10%
Volume 7.8M
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As of 11:30 AM 07/10/14 All times are local (Market data is delayed by at least 15 minutes).

finmeccanica spa (FNC) Snapshot

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02/18/14 - €7.40
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07/17/13 - €3.60
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finmeccanica spa (FNC) Details

Finmeccanica SpA is engaged 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 helicopters and 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 aerostructures, 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. Further, it produces small and medium 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.

56,003 Employees
Last Reported Date: 05/22/14
Founded in 1948

finmeccanica spa (FNC) Top Compensated Officers

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finmeccanica spa (FNC) Key Developments

Finmeccanica SpA Presents at Italian Investment Conference, Jun-04-2014

Finmeccanica SpA Presents at Italian Investment Conference, Jun-04-2014 . Venue: UniCredit Tower, Piazza Gae Aulenti 1-4, Milan, Italy.

Finmeccanica Announces Management Changes

The Board of Directors of Finmeccanica, convened May 19, 2014 following the Shareholders Meeting, confirmed the current delegated attributions to Board Chairman Giovanni De Gennaro, who legally represents the company through the powers attributed to him by law and by the Articles of Association. During the same meeting, the Board appointed Eng. Mauro Moretti Chief Executive Officer, attributing him full operational powers for the unified management of the company and of the Group. Mr. Moretti was also appointed as the company's General Manager following the termination, as of May 19, 2014, of the employment contract with Mr. Alessandro Pansa, who formerly held the office. The Board of Directors also proceeded to appoint Director Paolo Cantarella as Lead Independent Director.

Ansaldo Plans IPO

Ansaldo Energia S.p.A. confirmed it plans to launch an initial public offering (IPO) in the medium term. Ansaldo Energia S.p.A. still holds 15% of Ansaldo, would exit the company through the IPO, FSI head Maurizio Tamagnini. Finmeccanica in 2013 sold 85% of Ansaldo to cut debt and focus on its defence and aerospace business.


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Valuation FNC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.2x
Price/Book 1.2x
Price/Cash Flow 4.9x
TEV/Sales NM Not Meaningful

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