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Fincantieri : chiffre d’affaires en baisse de 16% sur les 9 premiers mois de l’année

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Défense

Le groupe italien Fincantieri a publié le 12 novembre ses résultats pour les trois premiers trimestres de l’année. Voici son communiqué :

THE BOD APPROVES 9M 2020 RESULTS: 100th CRUISE DELIVERED, REVENUES AT EURO 3.5 BILLION AND TOTAL BACKLOG FULLY PRESERVED AT EURO 36.8 BILLION

COVID-19 Update

- No order cancellations and consistent progress in production, rescheduled following production downtime of Italian operations occurred in the first half of this year

- Cruise industry – “No Sail Order” lifted in the United States, no suspension of operations in Italy. Leading cruise operators are currently planning a gradual resumption

- Two cruise ships delivered from the Group’s Italian shipyards amid the emergency – “Enchanted Princess”, the 100th cruise ship delivered by Fincantieri and built for Princess Cruises, a Carnival Corporation brand, and “Silver Moon”, for Silversea Cruises, a Royal Caribbean Group brand – and one expedition cruise vessel, built in Norway by Vard for Ponant

- Effective measures to curb the spread of the virus have allowed a prompt detection of COVID-19 cases

– tested positive are now under 3%:

      Body temperature measurement through thermoscanning

      Staggered entrances and social distancing

      Work-from-home policy (available for 48% of the functions/positions)

      Daily supply of PPE in all Group’s sites

- Employees satisfaction for the commitment shown by the Company to face the emergency: 91% (1)

- Production ramp up still deeply affected by the implementation of the new safety measures

- Sound funding capacity with liquidity and credit lines to support the current situation and its foreseeable developments in the medium term, also thanks to the new loan, granted by a pool of banks and guaranteed by SACE, whose value amounts to  euro 1.15 billion 

-  Q3 2020 revenues (euro 1,165 million), EBITDA (euro 81 million) and margins (7.0%) show a recovery in production activities broadly in line with pre COVID-19 performance

Consolidated 9M 2020 results

Fincantieri | Actualité du constructeur naval italien