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Fincantieri EBITDA + 80%, revenue + 2.8%, loss falls - Business

2024-03-07T16:47:37.488Z

Highlights: Fincantieri EBITDA + 80%, revenue + 2.8%, loss falls - Business. Italian shipbuilder FIncantieri on Thursday posted 2023 Ebitda at EUR 397 million (+80%), ebitda margin at 5.2% (3% in 2022); ebit 162 million (-10 million in 2022) Net financial position EUR 2.3 billion, an improvement of 10.3%; and a debt-to-ebitda ratio reduced by 50%.


Italian shipbuilder Fincantieri on Thursday posted 2023 Ebitda at EUR 397 million (+80%), ebitda margin at 5.2% (3% in 2022); ebit 162 million (-10 million in 2022); net financial position EUR 2.3 billion, an improvement of 10. (ANSA)


Italian shipbuilder Fincantieri onThursday posted 2023 Ebitda at EUR 397 million (+80%), ebitdamargin at 5.2% (3% in 2022);

ebit 162 million (-10 million in 2022);

net financial position EUR 2.3 billion, an improvement of 10.3%;

and a debt-to-ebitda ratio reduced by 50%.


   Revenues were at 7.7 billion (+2.8%).

The net result wasnegative (-53m), but improving (324m in 2022).


   The adjusted operating result was negative at EUR 7 million (EUR108 million in 2022).


   New orders were acquired in 2023 for 6.6 billion (+23.9%);

26ships were delivered;

85 in the portfolio with deliveries until 2030.


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Source: ansa

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