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26 June 2019 The on-line newspaper devoted to the world of transports 03:46 GMT+2

May 17, 2018

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Original news
In 2017 group RINA it has recorded decreases of the -2,5% of the revenues and the -5,2% of the EBITDA

In increase the results in the segment marine

The Italian society of classification and certification RINA has closed 2017 with revenues pairs to 437 million euros, with a decrease of the -2,5% regarding 448 million euros in the exercise anniversary precedence (figure, this last one, that it includes the volume of transactions for entire exercise 2016 of the Edif Group, than the Italian company has acquired to July 2016. The revenues of 2016 to clearly of the contribution of the turnover of Edif in the first part of the year turn out pairs to 399 million euros). The consolidated financial statement of the group for exercise 2017, approved of today from the assembly of the associates anticipates an EBITDA of 51,7 million euros, with a bending of the -5,2% regarding 54,6 million euros in the exercise precedence. The group has specified that considering, instead, the values not proformati, in the 2017 have recorded a percentage of increase of +10% on the revenues and the +8,4% on the EBITDA.

RINA has specified that in the 2017 the performances in the field have been good marine, with an increase of 3% in terms of revenues. The fleet of ships in classified exercise RINA has recorded an increase of beyond +7% regarding 2016, to forehead - it has emphasized the company - of a medium increase of the societies pertaining to the IACS of +2.5%. The fleet has reached 40 million the tons of tonnage (36,8 million tsl to end 2016) and the orderbook of new constructions it is pairs to about 500 ships for a total of beyond 4,5 million tsl (450 ships for beyond 4,5 million tsl to end 2016).

The company has explained that exercise 2017 has seen the company to less strengthen own position in the interested segments of shipbuilding the world-wide one from the crisis: "they are confirmed, therefore - it has evidenced the company - the supremacy of the RINA in the classification of the fleeting ferries and ro-ro, the leadership in the yachting and the field of the cruise ships, is in terms of fleet in classified exercise is of new constructions. The orderbook it sees, in fact, beyond two million tonnage in the cruise ships, between which it detaches the supremacy of the first cruise ships to the world to being entirely fed to GNL, let alone most able in terms of transportable passengers never realized".

In increase also the turnover d' in the fields of certification (+4%) and of the transports and infrastructures (+2%, while a bending of the activities in the field of oil & the gas is recorded (- 9%) where - has explained RINA - the price of the oil has forced the main world-wide oil societies to a strong reorganization of the investments.

"2017 - it has commented the president and managing director Ugo Salerno - have shut with results online with the year precedence, although permanere of the difficult situation to total level of the field oil & gas and the uncertainty caused from the process of escape of Great Britain from the European Union. It has been be a matter of a year of consolidation for the RINA, culminated in the presentation of the new focused brand that today represents the company in its dresses still more digital and on the sustainability".

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