Fincantieri S.p.A. (IT:FCT) has released an update.
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Fincantieri S.p.A. has reported robust financial growth for the first nine months of 2024, with a 19% increase in EBITDA to €328 million and a significant surge in orders across all segments, totaling €8.5 billion. The company’s total workload has reached €40.1 billion, reflecting a strong market presence and future revenue visibility until 2032. Additionally, Fincantieri has improved its 2024 guidance, expecting revenues to surpass €8 billion with an EBITDA margin of around 6%.
For further insights into IT:FCT stock, check out TipRanks’ Stock Analysis page.