In 2023, the revenues of the Italian shipbuilding group Fincantieri amounted to a record €7.65 billion, with a an increase of +2.8% over the previous year, of which 6.13 billions generated by shipbuilding activities (-3.8%), €1.07 billion from offshore activities and in the special vessels segment (+42.5%) and €1.10 billion from Systems, Components and Infrastructure segment (+20.1%). In the budget 2023, which was approved today by the Board of Trustees EBITDA of 397 million euro (+79.9%), with a contribution of €367 million from the Shipbuilding (+7.9%), of €52 million from Offshore and ships (+136.4%) and €24 million from the Systems, Components segment and infrastructure (+125.0%). Operating profit amounted to €162 million compared to a negative result for -10 million in 2022. Fincantieri closed 2023 with a loss net loss of -€53 million versus net loss of €-324 million in the previous year.

Last year, the group acquired new orders for a value of €6.60 billion (+23.9%), of which €4.15 billion (+10.2%) for the Shipbuilding segment, €1.80 billion (+115.2%) for the Offshore and special vessels segment and €1.05 billion (+13.4%) for Systems, Components and Infrastructure. As of December 31st, 2019 The value of the order book of the first segment was 28.47 billion, down -3.0% compared to 31 December 2022, while the orderbook value of the Offshore and Specialty Vessels segment has marked an increase of +35.6% to 2.71 billion.

"In the first year of the new business plan," he said. underlined the CEO and General Manager of Fincantieri, Pierroberto Folgiero, commenting on the annual results - We have built and delivered a significant increase in profitability: EBITDA grew by 80% compared to the previous year. 2022 up to almost 400 million euros. The EBITDA margin is rose to 5.2% from 3.0% last year. Cash generation is higher than expected, leading to an improvement in the net financial position. These results - highlighted Folgiero - are the result of financial discipline and solid operational performance of military and civilian shipbuilding and a strong recovery in commercial activity in the Offshore sector and Special Ships. It is precisely the Offshore segment that has marked the An acceleration in December of new orders. Overall, in the In 2023, we acquired 6.6 billion euros compared to 5.3 billion in 2022. I would like to thank all the people of Fincantieri, which delivered 26 ships during the year, despite the the exit from a period of industrial congestion as well as promoting with professionalism and determination the strategic objectives of the new business plan'.

Folgiero announced that "2024 guidance sees revenues equal to approximately eight billion euros, an increase of 4.5% in compliance with the the targets of the business plan presented in May 2023, an EBITDA Margin around 6%, continuously growing in line with targets of the plan and a net financial position that accelerates the deleveraging from the initial targets."