Fincantieri, revenues up by 17.8% and Ebidta margin at 7%. Total backlog at 34.4 billion Euros

The Board of Directors of Fincantieri, chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2022. “The first quarter results, alike the full year, highlight a healthy company from a financial and economic standpoint" said Giuseppe Bono

Rome - The Board of Directors of Fincantieri, chaired by Giampiero Massolo, has examined and approved the interim financial information at March 31, 2022. During the Board meeting Giuseppe Bono, Chief Executive Officer of Fincantieri, said: “The first quarter results, alike the full year, highlight a healthy company from a financial and economic standpoint, with a robust backlog that ensures a good visibility for the next few years. Such backlog will be developed in a time of exceptional complex ity , affected by a relentless rise in commodity prices throughout a deeply concerning geopolitical crisis. The thorough risk management strategy the company always adopted, a long with the incessant search for efficienc ies mitig at e such external impacts, lead ing to positive results also in the future.

Bono concluded: “I am stepping down after twenty years, having proudly led the Group to a global leader ship position across the sectors in which it operate s together with a truly unparalleled team. My heartfelt thanks goes to them, to Fincantieri’s entire workforce and to the thousands companies involved in the supply chain, for the ir commitment and dedication in pursuing and achieving our challenging targets. To my successors I wish the best of luck, as I fully understand the responsibilities they are about to embrace.”

READ FINCANTIERI'S 1Q RESULTS

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