Fincantieri SpA (OTCPK:FNCNF)
$ 6 0.7 (13.21%) Market Cap: 1.87 Bil Enterprise Value: 4.32 Bil PE Ratio: 0 PB Ratio: 2.56 GF Score: 75/100

Q2 2020 Fincantieri SpA Earnings Call Transcript

Jul 31, 2020 / 07:00AM GMT
Release Date Price: $5.55
Operator

Good morning. This is the Chorus Call conference operator. Welcome and thank you for joining Fincantieri First Half 2020 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Bono, Chief Executive Officer. Please go ahead, sir.

Giuseppe Bono
Fincantieri S.p.A. - CEO & Director

Ladies and gentlemen, good morning, and welcome to this conference call where we explain the results of our first half year.

Let me start by expressing my relief the situation has changed for the better since our last call. The ultimate, the change in the future, we faced the emergency with determination so that we could emerge stronger than ever. As such, there's success in the past. And also, we worked hard, and our backlog is still intact. In fact, thanks to our strong relationship with our clients, we can confirm we have the [normal] condition so far. We reassessed the delivery date for some ships, and consequently, we postponed part of the sector -- segment. Just to give you an idea, our postponement of

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