Finmeccanica reports 2014 net income of 70 mn euro - update

(ANSA) - Rome, March 18 - Industrial giant Finmeccanica closed 2014 with net income of 70 million euros, up from a loss of 649 million euros reported in 2013, the company said Wednesday. In a financial statement approved by the board of directors, the company added that revenues rose to 14.663 billion euros last year, an increase of 7.1% over 2013. Its order book reached a total of of 15.619 billion euros projects outstanding, which the note said "ensures the Group coverage for the production equivalent of 2.5 years".