Edition:
India

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. 

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