ROMA (ITALPRESS) – Fincantieri estimates a net income of 110 million euros for 2025, with a revised EBITDA margin up to 7.4%. So the company in a note illustrating the Industrial Plan 2026-2030. Net profit in 2026 is expected to exceed the expected profit in 2025, amounting to 220 million in 2028 and 500 million in 2030. The revenues are expected to rise to 9,2-9.3 billion in 2026, about 11 billion in 2028 and about 12.5 billion in 2030, with an average annual growth of 8%.
The revenues of 2026, explains the company, “reflect the impact linked to the redefinition of the Constellation program in the United States, whose effects will be compensated by new orders expected in the year and will have a reflection on revenues from 2028 onwards”.
The group also estimates “an increase of EBITDA to approximately 700 million in 2026, 930 million in 2028 and 1,250 million in 2030, with an EBITDA margin of 7.5%, 8.5% and 10% respectively, an increase of 2.5 percentage points in the Plan, supported, as well as an improvement of margins in all segments of activity, also by a business mix with higher margins, and with revenues originating from the Defense and third segments.”.
To cope with the strong demand expected, with an estimated value of new orders greater than 50 billion in the period of Piano, the Group has elaborated “a plan of investments of the total value of approximately 1,9 billion, of which 250 million destined to capacity initiatives on the system of current yards and 250 million linked to the eventual double of Offshore production in Vietnam with the introduction of a second yard, 600 million for production activities (including the purchase of new ships from.
“With the Industrial Plan 2026-2030 Fincantieri takes a further decisive step forward in its growth trajectory, confirming the solidity of the strategic vision of last three years, combined with an increase in production capacity to support the macrotrends of demand, demonstrating the ability to generate very sustainable value over time. In addition to the total workload record pairs to approximately 60 billion euros already acquired that provides high visibility over time, we preview over 50 billion euros of new orders in the period, an average annual growth of revenues of 8% and a net profit of approximately 500 million euros in 2030 guided by an increase of revenues of 40% and EBITDA of 90% regarding 2025. All this supported by an increasingly solid financial structure and a significant generation of cash suitable for both self-financing investments for increasing production capacity and pursuing the objectives of financial discipline and deleveraging.” Thus the managing director and general manager of Fincantieri, Pierroberto Folgiero, presenting the Industrial Plan 2026-2030.
The Defence sector “revealed a central role in our strategy: the expected increase in demand and the doubling of the production capacity of our Italian yards will allow us to strengthen our position in the most relevant national and international programs.” Next to this, “the accelerated expansion of the Underwater, with the development of the portfolio produced in the unconventional business, the technological growth in the Offshore business and the profitability of the Cruise business – supported by a growing commercial pipeline both in quantity and in quality, with expected orders already in the coming months that will extend the visibility of the backlog beyond 2036 and with an increment of profitability – represent the pillars and future synergies on which we build.
“Our strategy is based on four guidelines: increasing production capacity, increasing productivity, continuing strategic projects on product development and construction processes and growth in additives, with an investment plan of approximately 1.9 billion euros entirely self-financed that include approximately 250 million euros linked to a possible doubling of Offshore production in Vietnam with the introduction of a second yard, where conditions are recognized.”.
Fincantieri “is therefore the protagonist of the transformation of the global naval industry that assumes an increasing geopolitical weight, continuing to invest in technology, digitization and productive capacity to guarantee the Group a lasting leadership in the segments with greater added value and a long-term deep growth”, he concludes.
-Photo IPA Agency-
(ITALPRESS).
