ROMA (ITALPRESS) – Fincantieri closes the first semester with a net profit of 102 million, approximately three times higher than the result of the first half of 2025, pairs to 35 million. The performance allows the Group to approach already at the end of June the net profit recorded in the entire exercise 2025, pairs to 117 million. The result reflects the positive trend of business and a strong expansion of margins. As of June 30, 2026, revenues are stable on an annual basis at around 4.6 billion, while at the same time recording a significant acceleration in the second quarter of 2026, consistent with the expected increase in production volumes for the development of the already acquired backlog. EBITDA reached 350 million, up 12.5% compared to the first half of 2025, with an EBITDA margin of 7.6%, up approximately 0.8 percentage points compared to the corresponding period of 2025. The positive operating trend was accompanied by the reduction of the financial burdens relating to debt, confirming the trend already recorded in the previous quarters, by the lower impact of the net charges relating to disputes for asbestos damage and the proceeds realized by the sale of investments in non-strategic joint ventures.
Net financial position adjusted to debt for 756 million, in strong improvement regarding the figure of end 2025, pairs to 1.311 million; ratio of indebtedness in reduction to 1.0x, regarding the ratio of 1,9x recorded to 31 December 2025, because of the cash generation of the period and the increase of capital concluded to February 2026. For 2026 the company previews revenues to 9,3-9,4 billion, with a trend supported by the progressive increase of the production volumes relative to the acquired backlog, an EBITDA between 700 million and 710 million, with EBITDA margin of approximately 7.5% and a profit clearly between 140 million and 180 million. On the financial front, finally, the debt ratio (PFN adjusted / EBITDA) is expected to approximately 2.0x (1,3x including the capital increase completed in February 2026), in line with the guidance provided during the Capital Markets Day last February.
“The results of the first half confirm that the growth of Fincantieri is increasingly accompanied by a strong expansion of profitability and the ability to generate value. The net profit, almost tripled compared to the same period last year, testifies the effectiveness of the path undertaken and our ability to translate the deep visibility of the order portfolio into concrete results. The increasingly important contribution of Underwater business, together with the constant strengthening of the activities that represent the heart of the Group, is making our industrial profile even more solid, balanced and distinctive.” So Pierroberto Folgiero, managing director and general manager of Fincantieri.
“With a backlog of 74 billion and an extended delivery visibility up to 2039, we can look to the coming years by leveraging an industrial and commercial platform of absolute solidity. In this context – he adds – the acquisitions announced recently in the underwater domain represent a fundamental strategic step and give life to the first vertically integrated operator in the sector, with complementary skills along the entire value chain. We are building a Fincantieri increasingly capable of combining industrial scale, innovation and performance skills. This is the direction that will allow us to continue to strengthen our leadership and to grasp the opportunities offered by the evolution of the markets in which we operate”, he concludes.
– Photo Ipa Agency –
(ITALPRESS).
