Independent journal on economy and transport policy
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In the first half of this Fincantieri year it has recorded increases of +12% of the revenues and +34% of the new orders
In the second solo trimester the turnover has been of 1,45 billion euros (+12%) and the new orders are piled to 172 million (- 87%)
July 25, 2019
In the first half of the 2019 revenues of the navalmeccanico group Italian Fincantieri they have grown of +12% going up to 2,84 billion euros regarding 2,53 billion in the first six months last year. In the single segment of the shipbuilding the revenues are piled to 2,41 billion euros (+27%), of which 1,68 billion in the field of cruise ships (+30%) and 723 million in that of military ships (+22%); in the Offshore segment and special ships the volume of transactions has been of 314 million euros (- 44%) and in that of the Systems, of the members and the services of 371 million euros (+16%). The group EBITDA has turned out pairs to 215 million euros (+17%), with a positive contribution for 246 million from the segment Shipbuilding (+54%) and for 39 million euros from that of the Systems, members and services (+15%) and with a sign contribution negative for -52 million euros from the offshore segment and special ships respect to a positive contribution for seven million in the first half of 2018. In the first semester of the 2019 Fincantieri it has recorded an operating profit of 137 million euros (+16%) and a profit clearly of 12 million euros (- 20%).
In the first half of this year the new acquired orders from the group have been attested to 6,63 billion euros (+34%), of which 6,36 billion in the section Shipbuilding (+371% regarding the value of the orders of first rectified semester 2018 as a result of the redefinition of the operating fields Shipbuilding and Offshore and special ships) and 57 million in the Offshore section and special ships (- 93% on the result of first rectified semester 2018). Al 30 last June the value of the pocketbook orders of the group turned out pairs to 36,98 billion euros (+34%), of which 34,30 billion in the segment Shipbuilding (+39%) and 1,35 billion in the Offshore segment and special ships (- 27%).
In the second solo trimester of the 2019 revenues of the group they have totaled 1,45 billion euros, in increase of +12% on the correspondent period last year, of which 1,30 billion in the field Shipbuilding (+33%) subdivided in 856 million in the segment of cruise ships (+28%) and 432 million in that of military ships (+44%), special 90 million euros in the Offshore field and ships (- 72%) and 201 million in the field Systems, members and services (+31%). The group EBITDA has been pairs to 125 million euros (+33%), with a positive contribution for 163 million from the division Shipbuilding (+90%) and for 21 million from that Systems, members and services (+11%) and with a contribution negative for -50 million from the Offshore division and special ships respect to a sign contribution negative for -2 million in according to trimester last year.
In according to trimester of this Fincantieri year it has acquired new orders for a total of 172 million euros, with a decrease of the -87% on the same period of 2018, of which 52 million in the segment Shipbuilding (- 87%), special 18 million in the Offshore segment and ships (- 98%) and 181 million in the segment Systems, members and services (- 13%).
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