Leonardo S.p.A.

LDO

IT0003856405

Aerospace & Defense

Market Closed - Borsa Italiana Other stock markets 16:45:00 15/05/2026 BST			5-day change	1st Jan Change
48.99 ^EUR	-1.74%		-7.84%	-0.35%

05-15	Indices in the red; Brent rises toward USD109	AN
05-15	European markets in the red; Leonardo among gainers, STM slides	AN

Appointments: A two-stage deal; Del Fante set for green light, Leonardo remains a sticking point

Published on 04/01/2026 at 05:45 am BST - Modified on 04/01/2026 at 07:24 am BST

Alliance News - Translated by Marketscreener - See original

-1.74%

-0.25%

-2.70%

-2.89%

POSTE ITALIANE S.P.A.

-0.62%

Appointments: A two-stage deal; Del Fante set for green light, Leonardo remains a sticking point

(Alliance News) - High-stakes negotiations are underway in Rome as the government prepares for a new round of appointments at state-owned enterprises.

As reported by La Repubblica on Wednesday, the boards of Eni, Enel, Poste Italiane, Leonardo, and Terna are set to expire ahead of the April and May shareholders' meetings.

The first deadline falls tomorrow, the final day to submit the slate for Poste Italiane, which is scheduled to vote on April 27. A summit between Giorgia Meloni, Matteo Salvini, and Antonio Tajani is expected between tonight and tomorrow to confirm Matteo Del Fante as CEO and Silvia Maria Rovere as Chair.

However, a comprehensive agreement covering all entities remains unlikely; the current strategy appears to be a staggered approach to the appointments.

The Ministry of Economy and Finance (MEF) faces a April 13 deadline for Eni and Leonardo, followed by April 17 for Enel, and a later date for Terna, with shareholders' meetings scheduled for May 12. High-level talks are expected to intensify after Easter. Until recently, the position of Terna CEO Giuseppina Di Foggia appeared the most precarious, though she currently seems to have fended off a challenge from Enav CEO Pasqualino Monti.

The reappointments of Claudio Descalzi at Eni and Flavio Cattaneo at Enel are expected to proceed without major hurdles. Conversely, changes are anticipated at the chairmanship level for Eni and Leonardo: Andrea De Gennaro is the frontrunner for the former, while Elisabetta Belloni is being touted for the latter.

In recent days, debate has also intensified regarding Leonardo CEO Roberto Cingolani. According to government sources, Giovanbattista Fazzolari reportedly met with Alessandro Ercolani (Rheinmetall Italia). Speculation has also surfaced regarding a potential replacement by Pierroberto Folgiero (Fincantieri), though such a move would create a leadership vacuum at Fincantieri itself. Furthermore, Meloni is reportedly unconvinced that a change at the helm of Leonardo is the optimal solution.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Stocks mentioned in the article

Add to a list 0 selected To use this feature you must be a member Log in Sign up	Approximate price	Change	5d. change	Capi.
LEONARDO S.P.A.	48.99EUR	-1.74%	-7.84%	32.85B
ENI S.P.A.	23.52EUR	-0.25%	+3.29%	80.39B
TERNA S.P.A.	9.666EUR	-2.70%	-3.48%	22.53B
FINCANTIERI S.P.A.	11.07EUR	-2.89%	-2.60%	4.59B
POSTE ITALIANE S.P.A.	24.23EUR	-0.62%	+2.02%	36.44B

Latest news about Leonardo S.p.A.

05-15	Indices in the red; Brent rises toward USD109	AN
05-15	European markets in the red; Leonardo among gainers, STM slides	AN
05-14	Leonardo: Peruvian Air Force orders additional aircraft	AN
05-14	Leonardo Spa - Peruvian Air Force orders additional C-27J Spartan airlifter	RE
05-14	UAE defence group EDGE strikes deal to acquire 80% of Italy's CMD in European push	RE
05-13	STM leads MIB gains as luxury downturn persists	AN
05-12	Czech CSG and Turkey's FNSS to jointly build new Karpat tank in Slovakia	RE
05-12	Futures bearish; quarterly growth for MPS	AN
05-11	Europe in the green except Paris, MIB climbs with DiaSorin	AN
05-11	Leonardo: Cingolani to receive severance package of nearly 4.5 million euros - statement	RE
05-11	Leonardo: Cingolani to receive over EUR4 million with no non-compete clause	AN
05-11	Leonardo says former CEO Cingolani to receive EUR 4,483,250 indemnity by July-end	RE
05-11	European markets set for lower open; MIB starts from 49,200 level	AN
05-08	European markets in the red but MIB holds steady; Prysmian shines	AN
05-08	A lot of noise, little impact?

Chart Leonardo S.p.A.

Duration

Period

LDO: Dynamic Chart

Company Profile

Leonardo S.p.A. is one of the European leaders in the design, manufacturing and marketing of aerospace defense systems. Net sales break down by family of products as follows: - defence systems (38.9%): weapons, radars, etc.; - helicopters (59.8%): civilian and military; - aeronautical equipment (21.7%): aircraft, etc.; - space systems (5,1%); - cybersecurity solutions (3.5%); - other (1%). At the end of 2025, the group had 131 production sites located in Italy (61), the United Kingdom (9), the United States (27) and in other countries (34). Net sales are distributed geographically as follows: Italy (23.3%), the United Kingdom (13.1%), Europe (16.8%), the United States (23.2%) and other (23.6%).

Employees

65,455

Sector

Aerospace & Defense

Calendar

06-22 - Ex-dividend date - 0.63 EUR

More about the company