Fincantieri S.p.A. (IT:FCT) has released an update.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Fincantieri S.p.A. has reported robust financial growth for the first nine months of 2024, with a 19% increase in EBITDA to €328 million and a significant surge in orders across all segments, totaling €8.5 billion. The company’s total workload has reached €40.1 billion, reflecting a strong market presence and future revenue visibility until 2032. Additionally, Fincantieri has improved its 2024 guidance, expecting revenues to surpass €8 billion with an EBITDA margin of around 6%.
For further insights into IT:FCT stock, check out TipRanks’ Stock Analysis page.