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shared satellite venture is still a giant leap away

By Giulia Segreti PARIS (Reuters) -Europe’s drive to create a satellite manufacturing champion is taking longer than planned, and debates over costs, competition policy and who might participate could continue to hamper progress despite French calls for greater urgency. Under so-called “Project Bromo”, named after an Indonesian volcano, Airbus, Italy’s Leonardo and France’s Thales are…

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GuruFocus.com

Strong Financial Performance and …

New Orders: EUR20.9 billion, up 12.2% from the previous year. Order Backlog: Exceeds EUR44 billion. Revenue: EUR17.8 billion, an increase of over 11% from the previous year. EBITA: EUR1.52 billion, up 12.9% from EUR1.35 billion in 2023. Return on Sales: Increased by 0.1 percentage point to 8.6%. Free Operating Cash Flow: EUR826 million, up 26.7%…

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