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19 October 2018 The on-line newspaper devoted to the world of transports 18:28 GMT+2

November 10, 2017

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In the third trimester the revenues of Fincantieri have grown of +32.8% and the new orders of +144.2%

In the first nine months of this year the new orders have totaled 5,49 billion euros (- 13.0%)

In the third trimester of this year the navalmeccanico group Fincantieri has recorded an emphasized increment of the revenues and the EBITDA the whose values have been attested respective to 1,28 billion euros and to 87 million euros, with rises of +32.8% and of +20.8% on the period July-september of 2016. In decided increase also the new orders that have totaled 1,12 billion euros, with a progression of +144.2% on the third trimester last year.

In the first nine months of the 2017 revenues of the Italian group they are piled to 3,58 billion euros (2,78 billion in the segment of the shipbuilding), with an increase of +10.7% on the period January-september last year (shipbuilding +19.1%). The EBITDA has turned out pairs to 233 million euros (+25.9%): In the first nine months of this year the new orders have totaled 5,49 billion euros, down of the -13,0%, of which 465 million euros in the field of the shipbuilding (- 13.6%), 486 million euros in the Offshore segment (- 55.2%) and 4,85 billion euros in the field of the equipments, it arranges and services (- 5.6%).

The total workload of the group on 30 September was pairs to 20,3 billion euros, regarding 19,0 billion on September 30, 2016, of which 18,6 billion in the field of the shipbuilding (17,0 billion on September 30, 2016).

In the pocketbook orders of Fincantieri they figure 97 ships, of which 23 in the field of the cruise ships, 33 in that of the other naval units and 41 in the offshore section.

"The optimal commercial, managerial and economic results of the first nine months of 2017 - the managing director of Fincantieri has commented, Giuseppe Bono - consolidate the leadership of Fincantieri ulteriorly and they allow us, today, to coherently confirm the results for 2017 with the objectives of the Industrial Plan. Regarding the strategic development, the recent announcement of the governments of Italy and France of an agreement for the start of a distance shared to the aim to reach an alliance wide-ranging in the naval field - Bono has said referring to the project of acquisition of a participation of Fincantieri in STX France - represent quite undoubtedly a milestone for our company. Such agreement gives the go-ahead to the creation of a world leader, destined to become a point of reference for produced technology and pocketbook in the field of the naval defense, first operator to the world in the section of the cruise ships and one of the main players in other segments to high added value, as those of the offshore one, the energy, the systems and members for marine applications and of the services. Previewed integration will allow to create a very balanced and able group to face the ciclicità of the fields in which work. The union of the technical competences will afford to express ingegneristiche abilities and to innovation in a position to supplying to the produced customers and solutions of excellence let alone to better face the consequent changes to the continuous evolution of the total scenes, also through the ulterior diversification of the business pocketbook".

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