Revenue and margins clearly grew in the first nine months of Fincantieri’s financial year which confirms this guide for 2025. The shipbuilding giant achieved revenues of 6.725 billion euros on September 30, an increase of 20.5%, with a gross operating margin of 461 million, an increase of 40.4%, which brings the revenue increase to 6.9 percent.
New orders in the first nine months of the year amounted to 16 billion euros, +88% compared to last year, bringing the overall order book to 41 billion (+32% compared to the end of 2024) with an overall workload of 61.1 billion (in addition to orders, also includes contract options, letters of intent and orders under negotiation), equivalent to 7.4 times the turnover of 2024.
The net financial position in September was recorded as negative at 1.648 billion, in line with the financial position in June 2024 and better than the financial position at the end of 2024 of 1.668 billion.
The 2025 guidance confirms: revenue of around 9 billion, ebitda margin of more than 7%, financial leverage between 2.7 and 3, positive net result at the end of the year. The group will approve a new 2026-2030 plan by the end of the year that will be introduced to the market in the first quarter.
Fincantieri confirmed the 2025 targets presented on the occasion of the first half results, with revenues of around 9 billion, an Ebitda margin of more than 7%, a debt ratio of between 2.7-3 and a net profit. The new industrial plan 2026-2030, which the company presented in a nine-month note, will be approved by the end of the year. A Capital Market Day will be implemented in the first quarter of 2026.
«We continue to pursue strong growth in revenue, margin and order book with three simultaneous positive impacts: consolidation of economic and financial performance in the last three years; the company’s good position in the positive industrial cycles that characterize the sector of the future; creation of shared and sustainable value for all social and financial stakeholders – said Pierroberto Folgiero, CEO and general manager of Fincantieri -. With more than 60 billion workloads over the next ten years – which is a new record – Fincantieri’s contribution to the national and territorial economy is increasing, thanks to around 80% of purchases of goods and services in Italy, economic visibility in the supply chain and the stabilization of jobs”.
