Fincantieri jumps on €600 million underwater deals

Next Geosolutions Europe Spa

06/07/2026 08:46

** Fincantieri's FCT.MI shares surge 11% as it announced a €600 million ($685 million) acquisition of four Italian underwater firms, including Next Geosolutions NXTGE.MI 
** "The acquisitions strengthen Fincantieri's positioning in the underwater, accelerate the growth path in the sector," Equita brokerage says
** The underwater unit expects to generate €1.1 billion in revenue and €220 million in EBITDA by 2026, achieving 2030 targets early, the company said
** Equita also flags that the Trieste-based firm becomes a global player in the underwater segment "by bringing under a single national presence all the technologies and skills in a market that remains fragmented"
** Fincantieri sees a 13% increase in pro-forma EBITDA and a 40% rise in net profit for 2026
   ** Including Monday's rise the stock has dropped by 27.22% YTD​
     
     
($1 = 0.8752 euros)

 (Reporting by Romolo Tosiani)
 ((Romolo.Tosiani@tr.com))