Q1 2022 Fincantieri SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri First Quarter 2022 Results Conference Call. (Operator Instructions)
At this time, I would like to turn the conference over to Mr. Gallia, General Manager. Please go ahead, sir.
Thank you. Good morning, everybody, and welcome to the first quarter presentation. I'm here with Giuseppe Dado, our CFO; and our team, and we will guide you through the first quarter results 2022.
We can start saying that it is a robust set of results. Revenue came in at roughly EUR 1.7 billion, excluding pass-through activities with an increase year-on-year of roughly 15%. Contribution has been positive and consistent across all segments. EBITDA is roughly the same measure around 17%. It's reached almost EUR 120 million with a margin of 7%. This confirms operating profitability and confirms also the resilience and the ability of the company to face unprecedented increase in raw materials and the challenging
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