Fincantieri Reported Second Quarter 2019 Revenue of €2,8 Bn

TRIESTE, (BM) – The Board of Directors of FINCANTIERI S.p.A., chaired by Giampiero Massolo, has examined and approved the Half year financial report at 30 June 2019, prepared in accordance with the international financial reporting standards (IAS/IFRS), learned, according company statement.

During the Board meeting Giuseppe Bono, Chief Executive Officer of Fincantieri, said: “In this first part of the year we achieved an exceptional growth for the seventh semester in a row and a new record, with unparalleled order intake. Remarkable achievements, also considering the innovation level of the acquired contracts. These are confirmations that praise our great work on research and development, allowing us to offer our clients projects that are capable to anticipate times. We design and install advanced solutions for a market that is increasingly asking for a higher attention to the environment, universal heritage that we must protect both for us and for future generations.

Well aware of the new global challenges, we are keeping up with our commitment towards the creation of a more efficient and competitive European shipbuilding industry: recently, we signed the Alliance Cooperation Agreement with Naval Group which starts to shape the Poseidon project and paves the way to the reinforcement of the naval cooperation between France and Italy.”

Bono concluded: “The huge bulk of projects we are working on require an increasing effort of the entire workforce currently involved in the production process, and more than this. We expect to be able to lever the support of new professionalisms, developed also through the inclusion of new courses among Industrial Technical Institutes and through the cooperation with Universities in order to be able to best meet the expectations we created with our performance and the quality of our products.”

See the full financial report – Fincantieri Second Quarter Report

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Source: Fincantieri