Italy's aerospace and defence group Leonardo said it confirmed its 2022 guidance after posting a rise in orders and core profits in the first three months of the year.
Orders from January to March were up 10.8% year-on-year to 3.8 billion euros and earnings before interest, taxes and amortisation (EBITA) were up by 39% in the same period to 132 million euros ($139 million).
"The first quarter of 2022 showed a good start to the year and results coherent with Leonardo's growth path, which had already restarted in the previous financial year," Chief Executive Alessandro Profumo said in a statement.