Leonardo: Solid Backlog And Cash Flow Outlook, But Margins Still Trail Peers

If you want full access to all our reports, data and investing ideas, join The Aerospace Forum , the #1 aerospace, defense and airline investment research service on Seeking Alpha, with access to evoX Data Analytics, our in-house developed data analytics platform.Leonardo ( OTCPK:FINMY ) ( OTCPK:FINMF ), a leading European aerospace and defense contractor, gained 5.3% since my last report but underperformed the S&P 500’s 14% gain. I believe the reason for the underperformance is thatDhierin-Perkash Bechai i ...