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Orders for 22 billion to Fincantieri, guidance confirmed - Breaking news

2023-11-15T07:14:27.978Z

Highlights: Orders for 22 billion to Fincantieri, guidance confirmed - Breaking news. EBITDA at €276 million (+60%) compared to the same period of 2022; Ebitda margin at 5.1% (3.2%) Revenues of €5,383 million (+1.3%) negative net financial position of €2,705 million. There are 86 ships in the portfolio for delivery until 2030 for a value of 22.2 billion. A new €800 million "Sustainability-linked" credit line was launched to strengthen the group's financial structure.


EBITDA at €276 million (+60%) compared to the same period of 2022; Ebitda margin at 5.1% (3.2%); revenues of €5,383 million (+1.3%); negative net financial position of €2,705 million. The guidance on revenues, EBITDA and net financial position is confirmed. (ANSA)


EBITDA at €276 million (+60%) compared to the same period of 2022; Ebitda margin at 5.1% (3.2%); revenues of €5,383 million (+1.3%); negative net financial position of €2,705 million. The guidance on revenues, EBITDA and net financial position is confirmed. There are 86 ships in the portfolio for delivery until 2030 for a value of 22.2 billion.
These are the main figures of Fincantieri's financial statements as of September 30, approved by the board of directors.
Orders for €4 billion were also acquired (€3.3 billion in the first nine months of 2022), thanks to a strong contribution from the defence and Offshore Wind sectors, as specified by the Group itself. In the same period, the Offshore sector grew (orders +64%) and the collaboration with Leonardo was strengthened in the diving sector. Finally, a new €800 million "Sustainability-linked" credit line was launched, 70 per cent guaranteed by SACE, to strengthen the group's financial structure.


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Source: ansa

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