OverviewSuggest Edit

Fincantieri is a company that operates in the shipbuilding industry. Its Shipbuilding segment designs and constructs cruise ships and ferries, naval vessels, and mega yachts. Its Offshore segment designs and constructs offshore support vessels, specialized ships, and vessels for offshore wind farms and open ocean aquaculture. This segment also offers electrical systems. The Equipment, Systems and Services segment provides various ship systems, diesel engines, and steel structures; and offers ship repairs, conversions, and product lifecycle management services, as well as after-sales support services. In addition, the company is involved in dry-dock management, project management, accommodation installation, and pipe installation. Besides, it provides electrical parts, technical and logistics engineering services, and ship interiors; offers charters boats and barges, and builds aluminum ships.

TypePublic
Founded1959
HQTrieste, IT
Websitefincantieri.com

Latest Updates

Employees (est.) (Dec 2019)19,283
Revenue (FY, 2019)€5.8 B(+7%)
Share Price (Jun 2021)€0.8(-1%)

Key People/Management at Fincantieri

Giampiero Massolo

Giampiero Massolo

Chairman
Gianluca Ferrero

Gianluca Ferrero

Chairman
Giuseppe Bono

Giuseppe Bono

CEO
Pasquale de Falco

Pasquale de Falco

Board Member
Rossella Tosini

Rossella Tosini

Board Member
Fabio Gallia

Fabio Gallia

General Manager
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Fincantieri Office Locations

Fincantieri has offices in Trieste, Cassino, Fogato, Genova and in 14 other locations
Trieste, IT (HQ)
Via Genova, 1
Cassino, IT
Via Ausonia
Fogato, IT
Via del Lavoro, 1
Genova, IT
11 Via Cipro
Milano, IT
Via Santa Radegonda, 8
Muggiano, La Spezia, IT
Viale S. Bartolomeo, 446
Show all (20)

Fincantieri Financials and Metrics

Fincantieri Revenue

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Fincantieri's revenue was reported to be €5.85 b in FY, 2019 which is a 6.9% increase from the previous period.
EUR

Revenue (FY, 2019)

5.8b

Revenue growth (FY, 2018 - FY, 2019), %

6.9%

Gross profit (FY, 2019)

1.4b

Gross profit margin (FY, 2019), %

23.1%

Net income (FY, 2019)

(148.0m)

EBITDA (FY, 2019)

320.0m

EBIT (FY, 2019)

153.0m

Market capitalization (18-Jun-2021)

1.3b

Closing stock price (18-Jun-2021)

0.8

Cash (30-Jun-2019)

1.1b

EV

1.5b
Fincantieri's current market capitalization is €1.3 b.
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

4.2b4.4b5.0b5.5b5.8b

Revenue growth, %

6%13%9%7%

Cost of goods sold

3.3b3.3b3.7b4.1b4.5b

Gross profit

838.7m1.1b1.3b1.4b1.4b
Half Year
EURH1, 2016H1, 2017H1, 2018H1, 2019

Revenue

2.3b2.3b2.5b2.8b

Cost of goods sold

1.7b1.7b1.9b2.1b

Gross profit

551.1m621.9m669.9m729.1m

Gross profit Margin, %

24%27%27%26%
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

259.5m219.5m274.4m676.5m1.1b

Accounts Receivable

560.0m1.1b909.0m749.4m677.0m

Prepaid Expenses

139.4m169.3m416.7m195.0k

Inventories

265.5m421.0m418.5m431.9m
Half Year
EURH1, 2016H1, 2017H1, 2018H1, 2019

Cash

185.4m143.8m617.6m683.5m

Accounts Receivable

418.8m448.9m600.6m646.9m

Prepaid Expenses

148.7m174.1m430.1m2.7m

Inventories

381.1m400.5m422.1m332.8m
Annual
EURFY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

(288.8m)13.8m53.1m69.1m(148.0m)

Depreciation and Amortization

109.1m109.4m119.8m136.1m

Inventories

(21.3m)(172.5m)(266.8m)(47.5m)

Accounts Payable

137.7m116.0m458.2m101.5m
Half Year
EURH1, 2016H1, 2017H1, 2018H1, 2019

Net Income

4.7m10.8m15.0m12.0m

Depreciation and Amortization

52.6m57.8m65.7m76.8m

Inventories

(120.2m)1.1m(8.7m)79.6m

Accounts Payable

(14.0m)128.3m(160.3m)(28.9m)
EURFY, 2015

Debt/Equity

2 x

Debt/Assets

0.4 x

Financial Leverage

4.8 x
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Fincantieri Acquisitions / Subsidiaries

Company NameDateDeal Size
ISSEL NORDJune 13, 2017€9 m
BACINI DI PALERMO S.p.A.
CDP TECHNOLOGIES AS
CDP TECHNOLOGIES ESTONIA OÜ
CENTRO PER GLI STUDI DI TECNICA NAVALE CETENA S.p.A.
DELFI
ESTALEIRO QUISSAMÃ Ltda.
Fincantieri ACE Marine
FINCANTIERI AUSTRALIA Pty Ltd.
Fincantieri Bay Shipbuilding
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Fincantieri Revenue Breakdown

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Fincantieri revenue breakdown by business segment: 14.0% from Equipment, Systems and Services, 6.8% from Offshore and 79.2% from Shipbuilding

Human Capital Metrics

Fincantieri's employees are reported to be approximately 13% female and 87% male.
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Fincantieri Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Fincantieri Online and Social Media Presence

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Fincantieri News and Updates

Indonesia orders six FREMM frigates from Fincantieri

The contract takes Fincantieri’s confirmed sales of the ship to 20.

Worldwide Ship Building Industry to 2030 - Featuring Fincantieri, General dynamics and Huntington Among Others

Dublin, June 08, 2021 (GLOBE NEWSWIRE) -- The "Ship Building Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to ass…

Fincantieri dedicates all its US shipyards for Navy frigate orders

Fincantieri is to use all three of its U..S shipyards to build new FFG(X) frigates and will hire 600 more staff by year-end to handle the work, a company official said following the U.S. Navy’s order...

Fincantieri to build two new German-design submarines for the Italian navy

The new subs are expected to mix German technology with more Italian content than a previous batch of four U212 boats.

Fincantieri CEO on winning the US Navy’s frigate competition

Why FREMM beat off the competition, why shipyards should always be prime contractors, and why building cruise ships makes you punctual.

The US Navy selects Fincantieri design for next-generation frigate

The Navy has selected Fincantieri's FREMM design for its next-generation frigate.
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Fincantieri Frequently Asked Questions

  • When was Fincantieri founded?

    Fincantieri was founded in 1959.

  • Who are Fincantieri key executives?

    Fincantieri's key executives are Giampiero Massolo, Gianluca Ferrero and Giuseppe Bono.

  • How many employees does Fincantieri have?

    Fincantieri has 19,283 employees.

  • What is Fincantieri revenue?

    Latest Fincantieri annual revenue is €5.8 b.

  • What is Fincantieri revenue per employee?

    Latest Fincantieri revenue per employee is €303.3 k.

  • Who are Fincantieri competitors?

    Competitors of Fincantieri include Hyundai Heavy Industries, General Dynamics and MAN Energy Solutions.

  • Where is Fincantieri headquarters?

    Fincantieri headquarters is located at Via Genova, 1 , Trieste.

  • Where are Fincantieri offices?

    Fincantieri has offices in Trieste, Cassino, Fogato, Genova and in 14 other locations.

  • How many offices does Fincantieri have?

    Fincantieri has 20 offices.