Italy's Fincantieri 2025 revenue rises on order growth

Fincantieri SpA

25/03/2026 11:39

Overview

Italy shipbuilder's 2025 revenue rose 13%, EBITDA margin increased to 7.4%

Net profit reached all-time high, more than quadrupling from 2024

Company completed EUR 500 mln capital increase via accelerated bookbuild

Outlook

Fincantieri sees 2026 revenue at EUR 9.2-9.3 bln

Company expects 2026 EBITDA of about EUR 700 mln

Fincantieri forecasts 2026 EBITDA margin around 7.5%

Result Drivers

ORDER GROWTH - Co said 2025 results were driven by a 32.4% increase in new orders, with shipbuilding orders up 42%

OPERATIONAL EFFICIENCY - Margin gains attributed to higher volumes and efficiency initiatives under the industrial plan

COST DISCIPLINE - Improved profitability also supported by lower debt and reduced asbestos litigation costs

Company press release: ID:nBIA34fl2t

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY EBITDA Margin
7.40%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 5 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the shipbuilding peer group is "buy"

Wall Street's median 12-month price target for Fincantieri SpA is €18.50, about 49.6% above its March 24 closing price of €12.37

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 28 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)