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Fincantieri – Stx: ​​first joint offer

The news was announced by the general manager of the Italian giant, Alberto Maestrini, during the conference call with financial operators on the results of the first nine months of the year – Title runs on the stock exchange

Fincantieri – Stx: ​​first joint offer

The summer quarrels are behind us. This is demonstrated by the news that arrived today according to which Fincantieri and Stx France will present a joint offer for the construction of 15 frigates on behalf of the Royal Canadian Navy.

The news was announced by the general manager of the Italian giant, Alberto Maestrini, during the conference call with financial operators on the results for the first nine months of the year.

Fincantieri's goal for the financial statements as at 31 December 2017 is to reach 5 billion euros in revenues, an increase compared to the previous financial statements, when revenues were 4,4 billion euros, said the Group's Chief Financial Officer, Giuseppe Dado, answering an analyst's question.

For the accounts for the nine months of 2017, the company recorded a 10,7% increase in revenues compared to the same period of 2016, an Ebitda margin of 6,5%, an increase of 14% compared to 30 September 2016 (5,7%).

It should be underlined that the investors of Piazza Affari welcomed the results presented by Fincantieri. In the mid-morning, the share rose by 4,73%, recording one of the best performances of the entire basket, once again grappling with a day that is certainly not easy (Ftse Mib -0,4%).

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