Nov 08, 2019 / 08:00AM GMT
Operator
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri 9 Months 2019 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Maestrini, General Manager. Please go ahead, sir.
Alberto Maestrini - Fincantieri S.p.A. - General Manager
Thank you. Good morning, ladies and gentlemen. Let me start this conference call by providing you with some highlights on the fiscal period results for the first 9 months of 2019. If we move to Slide #3, I will comment.
Over this month, we have confirmed our revenue growth trend with an increase of almost 10% compared to the same period of 2018. EBITDA stood at EUR 287 million with an EBITDA margin of 6.7%. This reflects the positive trend in the Shipbuilding segment and the negative margins of the Offshore and Specialized Vessels segment. The Shipbuilding segment EBITDA notably increased by an impressive 30% if compared to the same period of 2018 despite a negative contribution of our cruise business unit.
Q3 2019 Fincantieri SpA Earnings Call Transcript
Nov 08, 2019
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