Fincantieri S.p.A.

FCT

IT0005599938

Shipbuilding

Real-time Borsa Italiana Other stock markets 05:43:16 2025-06-24 am EDT			5-day change	1st Jan Change
14.13 ^EUR	+1.07%		-2.15%	+103.90%

04:51am	DIARY - Italy to July 31	RE
01:06am	TKMS Moves Toward Spin-Off, Fincantieri Sees Partnership Fade	AN

Fincantieri S p A : Presentazione Q1 2025

Published on 05/12/2025 at 10:47

Q1 2025 key highiights

+53.5%

à4

100

€mln

Revenues

+34.5%

EBiTDA

Order intake

1 1,712

Net debt

1,668* 1,608

3.3x

2.9x

539

1,767

Q1 2024 Q1 2025

Q1 2024

Q1 2025

Q1 2024

Q1 2025

FY 2024 Q1 2025

Significant revenue growth, up 34.5% YoY, reaching € 2,376 mln, also thanks to the contribution of Naval

Substantial EBiTDA increase of 53.5%, with margins growing to 6.5Oó, thanks to the solid contribution of Shipbuilding and Underwater

Best quarter ever for order intake, reaching € 1 1.7 bn, mainly driven by Cruise

Net debt at 5 1,608 mln, significantly improving vs Ql 2024 (52,4 13 mln) and marginally better than FY 2024 (51,668 mln excl. rights issue)1

Established the new Underwater segment

2025 Guidance confirmed

FY 2024 net debt at € mln including the temporary effect of the rights issue completed in July 2024 to finance the acquisition of WASS

Q1 2025 results in line with expectations

O1 2025

Revenues

EBiTDA margin

€ 2.4 bn

6.5Oó

€ 1.6 bn

+34.5OO vs Ql 2024

+80 bps vs Ql 2024

Improving vs Ql 2024 (fi 2.4 bn) and marginally better than FY 2024 (€1.7 bn excl. rights issue)1

Net debt

FY 2024 net debt at € mln including the temporary effect of the rights issue completed in July 2024 to finance the acquisition of WASS

Best ever order intake and strong total backlog equal to 7.1 times

FY 2024 revenues

O1 2025

Order intakel

Backlog2

€ 1 1.7 bn

€ 40.3 bn

€ 57.6 bn

Book-to-bill 4.9x

significantly improving vs Ql 2024

+30.2OO vs FY 2024

7. f X FY 2024 revenues

Total backlog3

I Order intake is the value of new includ ing order additions and awarded to the Company in each reporting period

Backlog represents outstand ing orders not yet completed, calculated as the difference between the total value of an order uding add itions and variations to the original order) and the cumulative value of work in progress

Total backlog is the sum of backlog and soft Soft backlog inel udes the value of existing contract options and letters of intent as welI as of contracts at an advanced stage of which are not yet reflected in the order With in the ltalian Defense the soft backlog also reflects the programs inel uded in the Defense Multi-Year Plan Programmatico PIurienn ale DPP) Fincantieri refers to this document in its financial reporting to ensure fulI transparency on the expected impact of these programs on future order intake and revenues

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Fincantieri S.p.A. published this content on May 12, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 12, 2025 at 14:46 UTC.

Latest news about Fincantieri S.p.A.

DIARY - Italy to July 31	04:51am	RE
TKMS Moves Toward Spin-Off, Fincantieri Sees Partnership Fade	01:06am	AN
Piazza Affari below 38,900; sales prevail	Jun. 23	AN
DIARY - Italy to July 31	Jun. 20	RE
European Markets Remain in the Red; Brunello Cucinelli Stands Out	Jun. 17	AN
DIARY - Italy to July 31	Jun. 17	RE
Italy - Factors to watch on June 17	Jun. 17	RE
Fincantieri and PMM Sign Strategic Collaboration Agreement in Indonesia	Jun. 12	RE
Fincantieri Signs Strategic Collaboration Agreement In Indonesia With PT PRIMA MAJU MAPAN (PMM)	Jun. 12	RE
Milan Stock Exchange Holds Steady Awaiting U.S. Inflation Data; Banks Recover, Nexi Drops	Jun. 11	RE
Mib Lags Behind; Eyes on US Inflation Data	Jun. 11	AN
European Markets Expected to Open Lower Amid Sparse Macro Cues	Jun. 11	AN
DIARY - Italy to July 31	Jun. 10	RE
Mib Edges Up; Interpump and Recordati Lead Gains	Jun. 06	AN
DIARY - Italy to July 31	Jun. 06	RE
Futures Point to Slight Decline; Markets Await Key US Macro Data	Jun. 06	AN
MIB Nears 40,400 After ECB Rate Cut; MPS Leads the Rally	Jun. 05	AN
Italy - Factors to watch on June 4	Jun. 04	RE
Indices expected ahead of services PMIs	Jun. 04	AN
European Markets Close Higher; STM Leads Gains, Mediobanca Slumps	Jun. 03	AN
Fincantieri, Vard delivers the world's first ships with cyber notation	Jun. 03	AN
DIARY - Italy to July 31	Jun. 03	RE
Italy - Factors to watch on June 2	Jun. 02	RE
Fincantieri S.p.A., Q1 2025 Earnings Call, May 12, 2025	May. 30
DIARY - Italy to July 31	May. 30	RE

Chart Fincantieri S.p.A.

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FCT: Dynamic Chart

Company Profile

Fincantieri SpA is an Italy-based company engaged in the industry sector. The Company is active in the shipbuilding constructions. The Companyâs activities are divided into four business divisions. The Shipbuilding division produces cruise ships, ferries, naval vessels and mega yachts, as well as offers ship repair, conversion, refitting and refurbishment. The Offshore division focuses on the design and construction of support vessels for the oil and gas exploration and production market. The Equipment, Systems and Service division is engaged in the design and manufacture of systems and apparatus, and the provision of after sales service. The Other division provides costs for directing, controlling and coordinating the business. Fincantieri SpA is active in the domestic market, as well as in the United States, Brazil, Norway, Romania and India, among others. It operates through Vard Promar.

Employees

22,428

Sector

Shipbuilding

Calendar

Jul. 29 - Q2 2025 Earnings Release

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