testata inforMARE

18 May 2022 The on-line newspaper devoted to the world of transports 06:15 GMT+2

May 6, 2022

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Original news
In the first three months of this year the new orders to Fincantieri increased by +51.3%

Bono: I leave a healthy group from a point of view patrimonial and financial

After strong double-digit increases in the four quarters previous, in the first quarter of 2022 the group's revenues Italian navalmeccanico Fincantieri recorded a slight increase of +2.2% being amounted to 1.68 billion euros compared to 1.65 billions in the same period last year. In the sector alone of the construction of commercial ships, revenues amounted to 1.33 billion euros (-9.7%) - including 903 million from the segment of cruise ships (0%) and 427 million from the ships segment military (+21.3%) -, in the field of construction of structures offshore and special ships at 181 million euros (+98.9%) and in the systems, components and services sector at €359 million (+31,0%). Higher growth in EBITDA which amounted to 118 million euros (+16.8%), with a contribution of 110 million from the Shipbuilding division (+12.2%), of six million from the Offshore division and special ships compared to a million euros in the first quarter of 2021 and 13 million, so as in the first three months of last year, from the Systems division, components and services.

In the first three months of this year Fincantieri has acquired new orders for a total value of 513 million euros (+51.3%), of of which 77 million in shipbuilding (-22.2%), 291 million in offshore and special ships (+104.9%) and 309 million in the business of Systems, Components and Services (+102,0%). At 31 March, the overall workload was €24.8 billion compared to €26.5 billion at 31 March 2021.

Commenting on the results achieved by the group in the first three months of 2022 the CEO of Fincantieri, Giuseppe Bono, who is about to leave the office to Pierroberto Folgiero ( of 20 April 2022), highlighted that "the results of this quarter, in continuity with those of the financial statements, show a group in good health from a financial point of view and financial, with a considerable workload that gives visibility for the coming years. Such a workload - has detected - will be realized at a particular time complex like the one we are experiencing, which suffers from the persistence the increase in the cost of raw materials in a context of crisis worrying geopolitics. The careful risk management policy always adopted by the company accompanied by the continuous search for greater efficiency - Bono specified - allow, however, to mitigate these exogenous effects, with the prospect of results positive economic also for the future».

"I leave after twenty years - continued Bono - proud to have led the group until reaching positions of world leadership in the main sectors in which it operates, including thanks to a team that has no equal in the world. To it, as to all the workers of Fincantieri and the thousands of companies of the our supply chain, goes my most heartfelt thanks for the commitment and dedication shown in the pursue and achieve the ambitious goals we had set ourselves data. To my successors - concluded Bono - the best wishes for a good work, fully understanding the responsibility that you they are about to hire."

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