Fincantieri Experiences first-half net profit

ITALY-based shipbuilder Fincantieri posted a €5m ($5.51) net profit for the first half of 2016 versus a €19m net loss a year ago as demand for cruise vessels remained strong.

News ID: 67672

Date: 21 July 2016 - 09:39

According to MANA,Revenue and income for the first half came to about €2.3bn versus €2.2bn in the 2015 period.
The group clinched about €5.9bn worth of new orders in the first half versus around €4.2bn in the same period last year, Revenue and income for the first half came to about €2.3bn versus €2.2bn in the 2015 period.
Additionally, the US Navy has also contracted Fincantieri to build a Freedom class littoral combat ship.