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Fincantieri SpA (FCT.MI)

FCT.MI on Milan Stock Exchange

0.47EUR
28 Oct 2020
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Latest Key Developments (Source: Significant Developments)

Fincantieri Signs MoU With Cochin Shipyard Limited
Tuesday, 27 Oct 2020 

Oct 27 (Reuters) - Fincantieri SpA ::SIGNS MOU WITH COCHIN SHIPYARD LIMITED.  Full Article

Fincantieri Wins Order From U.S. For Large Unmanned Surface Vessel
Monday, 7 Sep 2020 

Sept 7 (Reuters) - Fincantieri SpA ::DEPARTMENT OF DEFENSE AND US NAVY AWARDED TO FINCANTIERI $7 MILLION CONTRACT.CONTRACT CONCERNS DESIGN AND ENGINEERING WORK OF LARGE UNMANNED SURFACE VESSEL.LARGE UNMANNED SURFACE VESSEL WILL BE ABLE TO OPERATE WITHOUT CREW ON BOARD.  Full Article

Italy's Fincantieri says COVID-19 significantly impacting 2020 operations
Thursday, 2 Apr 2020 

April 1 (Reuters) - Italy's Fincantieri says::2019 GROUP EBITDA 320 MILLION EUROS FROM 421 MILLION EUROS PREVIOUS YEAR, EBITDA MARGIN 5.5% VERSUS 7.8%.2019 GROUP NET LOSS 148 MILLION EUROS FROM RESTATED PROFIT OF 69 MILLION EUROS PREVIOUS YEAR.COVID-19 EMERGENCY IS SIGNIFICANTLY AFFECTING THE COURSE OF THE GROUP 2020 BUSINESS OPERATIONS.BELIEVES ITS EQUITY AND ECONOMIC STRUCTURE WILL SUCCESSFULLY COPE WITH REPERCUSSIONS OF THE EMERGENCY SHOULD CRISIS CEASE WITHIN REASONABLE TIME.  Full Article

Fincantieri Signs MoU With Qatar
Friday, 24 Jan 2020 

Jan 24 (Reuters) - Fincantieri SpA ::SIGNS MOU WITH QATAR AIMED AT EVALUATION AND STUDIES OF NEW TECHNOLOGIES.  Full Article

Fincantieri wins 100 mln euros contract for ITER project
Monday, 20 Jan 2020 

Jan 20 (Reuters) - Italian shipbuilder Fincantieri says::WINS CONTRACT WORTH ALMOST 100 MILLION EUROS FOR PROJECT AIMED AT BUILDING EXPERIMENTAL NUCLEAR FUSION REACTOR.  Full Article

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