tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fincantieri Reports Strong Financial Performance and Order Growth

Fincantieri Reports Strong Financial Performance and Order Growth

Fincantieri S.p.A. (IT:FCT) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1