Fincantieri

Fincantieri is acquiring Next Geosolutions, Wsense, Graal Tech and Defcomm to build a leading position in the growing underwater business, for uses such as defense, infrastructure maintenance and underwater drones. The transactions cost around €600 million, largely financed by the February capital increase, and bring together 1,500 specialists across several countries. The company expects underwater revenues of about €1.1 billion by 2026 and a contribution to net profit of more than €60 million; the stock rose about eleven percent on Monday. » Más en faz.net

Fincantieri reported a 10.1% decline in revenue for Q1 2026 to €2.1bn, but delivered EBITDA of €159m (margin 7.4%) and reduced net debt to €771m. The order backlog rose to a record €74.2bn; the company slightly raised full‑year guidance (revenue €9.3–9.4bn, EBITDA €700–710m). Investors nevertheless punished the stock with a roughly 40% drop, citing concerns about revenue volatility, negative net working capital of €705m and the feasibility of converting the backlog into revenue. » Más en de.investing.com

Fincantieri is selectively considering mergers and acquisitions to expand its position in the underwater business. Separately, Romania and Greece have expressed interest in participating in the European Patrol Corvette project, which would broaden the multinational initiative. The move is part of a strategic diversification away from pure surface shipbuilding toward submarine defence and commercial applications. » Más en de.investing.com

Fincantieri reports 2025 revenue of €9.194 billion (+13.1%), EBITDA of €681 million (margin 7.4%) and net profit of €117 million, more than four times higher than in 2024. Order intake rose to €20.3 billion, and total order backlog reached a record €63.2 billion, providing revenue visibility through 2037. Debt was significantly reduced (net financial debt/EBITDA from 3.3x to 2.7x), the company completed a €500 million capital increase and expects 2026 revenue of €9.2–9.3 billion and EBITDA of around €700 million. Despite the strong figures, the share price fell by about 31% after the presentation. » Más en de.investing.com

Fincantieri said it will place new shares with institutional investors of up to 10% of its share capital through an accelerated bookbuilding process. The transaction aims to broaden the institutional shareholder base and increase free float and liquidity. The price for the new shares will be set upon completion; BNP Paribas, Jefferies and Mediobanca are acting as joint global coordinators and bookrunners. After the announcement, the stock fell by about 8%. » Más en de.investing.com