Q4 2021 Fincantieri SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri Full Year 2021 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.
Good morning, ladies and gentlemen. Thank you for joining us, and welcome to Fincantieri financial results for the full year 2021 conference call. Let me start by saying that I'm very proud that even during a year that's still affected by the pandemic and the increase of raw material prices, we significantly achieved excellent results. In such a difficult times, we did react with great determination and overcame challenges that effect the [food] sector in particular as you know our clients in the Greece business. In this, we managed to serve our orders and operations while keeping our work culture safe.
In 2021, we reached a record high EBITDA at EUR 495 million with a margin of 7.4%, exceeding the guidance for
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