Fincantieri Q1 sales 2.135 bln eur, down 10%; guidance improved
(Il Sole 24 Ore Radiocor) - Milano, 11 mag - The Italian ship builder Fincantieri said that in the first quarter revenue fell 10% to 2.135 billion but EBITDA grew 3% to 159 million.
The company booked 3.4 billion euros in new orders in the quarter.
Fincantieri increased its full year guidance. It now expects sales of 9.3-9.4 billion euros, against 9.2-9.3 billion previously, and EBITDA of 700-710 million euros, compared with a prior estimate of 700 million.
The net profit is forecast at 140-180 million euros, compared.
with a previous guidance of above the 2025 level.
(RADIOCOR) 11-05-26 15:13:00 (0408) 5 NNNN