GENOA — Finmeccanica’s first-half results confirm that the company is recovering financially, but its growing debt is becoming an issue for management. Giuseppe Orsi, chairman and CEO, says Finmeccanica will dispose of assets worth €1 billion ($1.2 billion) before the close of the year, which should allow the company to reduce its debt. At the end of June that debt stood at €4.6 billion, an 11% increase over the same period of 2011. And the Italian economic crisis casts further doubt ...
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