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Fincantieri 9M 2020 results

Revenues at euro 3,534 million (euro 4,217 million at September 30, 2019),down by 16.2%, negatively affected by the lower production value led by COVID-19 outbreak: production hours -19% compared to the ones originally planned (3.1 million of production hours of which 2.7 million hours related to 2020 first half) and euro 945 million loss in revenues
EBITDA, at euro 200 million, impacted by the downturn in production volumes of the Group’s Italian sites (euro 306 million at September 30, 2019) with an EBITDA margin of 5.7%, up from 5.0% of the first half of the year (7.3% at September 30, 2019). The postponement of production programs led to an EBITDA shortage of approximately euro 71 million.

Nov 13 2020

Press Releases

Nov 26 2020

Hydrogen ferries might soon traffic the Baltic Se...

Nov 26 2020

Port of Ystad: The new port will soon be ready fo...

Nov 26 2020

MOL's New App Boosts Efficiency with Real-time Pr...

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