Cruise Market Momentum And BacklogStrong momentum in the ultra-luxury cruise market bolsters visibility and reinforces the 2026 backlog, improving forward order certainty for high-margin interiors.
Geographic And Sector DiversificationNew U.S. contract worth $29 million strengthens geographic and sector diversification and confirms resilience in the civil segment, supporting expanded revenue opportunities.
Operational Improvement And ManagementNormalisation of the cost base combined with Mestieri’s restructuring and proven management leadership is improving profitability and cash generation, supporting margin recovery.