Edition:
India

Fincantieri SpA (FCT.MI)

FCT.MI on Milan Stock Exchange

0.88EUR
22 Nov 2019
Change (% chg)

€-0.00 (-0.23%)
Prev Close
€0.89
Open
€0.89
Day's High
€0.89
Day's Low
€0.88
Volume
2,052,604
Avg. Vol
5,695,422
52-wk High
€1.29
52-wk Low
€0.80

Latest Key Developments (Source: Significant Developments)

Fincantieri preparing restructuring plan for its offshore division - CFO
Thursday, 25 Jul 2019 

July 25 (Reuters) - Fincantieri Chief Financial Officer Giuseppe Dado tells analysts at post-results' conference call::GROUP IS PREPARING RESTRUCTURING PLAN FOR ITS OFFSHORE BUSINESS TO IMPROVE MARGINS.GROUP STICKS TO GUIDANCE OF HIGH SINGLE DIGIT GROWTH FOR TOTAL REVENUE IN 2019.OFFSHORE DIVISION WILL REACH BREAK EVEN IN 2020, NOT IN 2019.  Full Article

Fincantieri SpA Q1 EBITDA Up At EUR 90 Mln
Thursday, 9 May 2019 

May 9 (Reuters) - Fincantieri SpA ::Q1 REVENUE EUR 1.39 BILLION VERSUS EUR 1.23 BILLION YEAR AGO.Q1 EBITDA EUR 90 MILLION VERSUS EUR 89 MILLION YEAR AGO.SAYS TOTAL BACKLOG AT EURO 34.3 BILLION AT END Q1.SAYS FOR FY 2019 THE REVENUE GROWTH TREND IS CONFIRMED, WITH AN EBITDA MARGIN IN LINE WITH 2018.SAYS NET DEBT IS EXPECTED TO RISE DUE TO WORKING CAPITAL FINANCING NEEDS.  Full Article

Eni, Cdp, Fincantieri And Terna Join Forces To Develop Power Plants On An Industrial Scale
Friday, 19 Apr 2019 

April 19 (Reuters) - Eni ::SAYS ENI, CDP, FINCANTIERI AND TERNA JOIN FORCES TO DEVELOP POWER PLANTS ON AN INDUSTRIAL SCALE.SAYS AGREEMENT SETS OUT PROJECT’S MANUFACTURING FOR CONSTRUCTION, INSTALLATION AND MAINTENANCE OF INERTIAL SEA WAVE ENERGY CONVERTER.  Full Article

Fincantieri: MSC Confirms Order For Four Luxury Cruise Ships
Thursday, 14 Mar 2019 

March 14 (Reuters) - Fincantieri SpA ::MSC AND FINCANTIERI ANNOUNCED TODAY SIGNING OF FINAL CONTRACTS FOR CONSTRUCTION OF FOUR LUXURY CRUISE SHIPS.FOUR NEW VESSELS WILL BE DELIVERED BY FINCANTIERI BETWEEN 2023 AND 2026.CONTRACTS, SUBJECT TO SHIPOWNER FINANCING, HAVE A TOTAL VALUE EXCEEDING EUR 2 BILLION.  Full Article

Leonardo to grow helicopter business internally - CEO to paper
Thursday, 14 Mar 2019 

March 14 (Reuters) - Leonardo CEO Alessandro Profumo tells Il Sole 24 Ore in an interview::LEONARDO HAS NO PLANS TO SELL U.S. UNIT DRS - CEO TO PAPER.LEONARDO WILL NOT INVEST IN ALITALIA, COOPERATION WITH FINCANTIERI WILL CONTINUE BUT NO TIE-UPS ENVISAGED .LEONARDO DOES NOT SEE NEED FOR EXTRAORDINARY MOVES ON CAPITAL OR BIG BOND ISSUANCE .LEONARDO CEO SAYS BOEING WILL REMAIN KEY PARTNER, DOES NOT SEE IMPACT FROM ETHIOPIA CRASH .LEONARDO CEO, WHEN ASKED ABOUT POSSIBLE TIE-UPS IN THE HELICOPTER BUSINESS, SAYS WILL CONTINUE TO GROW UNIT INTERNALLY .  Full Article

Fincantieri Reaches Cooperation Agreement With Genova Industrie Navali
Friday, 8 Mar 2019 

March 8 (Reuters) - Fincantieri ::SAID ON THURSDAY IT HAS REACHED COOPERATION AGREEMENT WITH GENOVA INDUSTRIE NAVALI (GIN).AGREEMENT ENVISAGES THE ACQUISITION BY FINCANTIERI OF A MINORITY STAKE IN GIN GROUP'S HOLDING COMPANY AND OPTION FOR MINORITY STAKE IN T. MARIOTTI.MINORITY STAKE TO BE ACQUIRED BY FINCANTIERI THROUGH CAPITAL INCREASE.  Full Article

Italian state lender proposes reappointment of CEOs at Snam, Fincantieri
Thursday, 7 Mar 2019 

March 6 (Reuters) - :SNAM MAIN INVESTOR, CDP, PROPOSES REAPPOINTMENT OF MARCO ALVERA AS CEO.ITALIAN STATE LENDER CDP PROPOSES ALBERTO DELL'ACQUA AS ITALGAS CHAIRMAN, PAOLO GALLO FLAGGED AS CEO.FINCANTIERI MAIN INVESTOR, CDP, ASKS SHAREHOLDERS TO RE-APPOINT GIAMPIERO MASSOLO AS CHAIRMAN.FINCANTIERI MAIN INVESTOR, CDP FLAGS GIUSEPPE BONO FOR REAPPOINTMENT AS CEO.SNAM MAIN INVESTOR, CDP, ASKS SHAREHOLDERS TO APPOINT LUCA DAL FABBRO AS CHAIRMAN.  Full Article

EU's Vestager says not yet notified on Fincantieri-Stx deal review
Tuesday, 5 Mar 2019 

March 5 (Reuters) - European Competition Commissioner Margrethe Vestager says::TOO EARLY TO SAY ANYTHING ON OUTCOME OF FINCANTIERI-STX DEAL REVIEW, IT HAS NOT BEEN NOTIFIED YET.  Full Article

Italy Deputy PM Salvini in favour of confirming Fincantieri execs
Monday, 4 Mar 2019 

March 4 (Reuters) - Fincantieri::ITALY'S DEPUTY PM SALVINI SAYS HE IS IN FAVOUR OF CONFIRMING FINCANTIERI CHAIRMAN AND CEO.  Full Article

Fincantieri To Build Two Ships For Viking
Monday, 4 Mar 2019 

March 4 (Reuters) - Fincantieri SpA ::SIGNS DEAL WITH VIKING FOR TWO MORE SHIPS.DEAL CONCERNS FIRST TWO SHIPS OF 6 FORESEEN IN AGREEMENT FROM MARCH 2018.  Full Article