Fincantieri, in 9 months +20.5% revenues and +40% margins: guidance confirmed

Revenues and margins rose sharply in the first nine months of the year for Fincantieri, which thus confirms its guidance for 2025. The shipbuilding giant achieved revenues of 6.725 billion euros to 30 September, up 20.5%, with a gross operating margin of 461 million, up 40.4%, bringing the margin to 6.9%.

New orders for the first nine months of the year amounted to EUR 16 billion, +88% compared to a year ago, bringing the total order book to 41 billion (+32% compared to the end of 2024) with a total workload of 61.1 billion (in addition to orders also includes contract options, letters of intent and orders under negotiation), which is 7.4 times 2024 turnover.
The net financial position in September was negative 1.648 billion, in line with June 2024 and better than the 1.668 billion at the end of 2024.

2025 guidance confirmed: revenues at around EUR 9 billion, ebitda margin over 7%, financial leverage between 2.7 and 3, positive net result at year-end. The group will approve the new 2026-2030 plan by the end of the year, which will be presented to the market in the first quarter.

Fincantieri confirms the 2025 targets announced at the time of the first-half results, with revenues at around EUR 9 billion, Ebitda margin above 7%, debt ratio between 2.7-3, and net profit. The new business plan 2026-2030 will be approved by the end of the year, the company announced in its note on the nine-month accounts. A Capital Markets Day will be held in the first quarter of 2026.

"We continue to pursue robust growth in revenues, margins and order backlog with three competing positive effects: the consolidation of the economic-financial performance of the last three years; the virtuous positioning of the company in the positive industrial cycle that characterises the future industry; and the creation of shared and sustainable value for all social and financial stakeholders," said Pierroberto Folgiero, Fincantieri's CEO and General Manager. With more than 60 billion workloads over the next ten years - a new all-time record - Fincantieri's contribution to the national and local economy will increase, generating, thanks to the purchase of goods and services in Italy for about 80%, economic visibility in the supply chain and job stabilisation".