Q4 2022 Fincantieri SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri Full Year 2022 Results Conference Call. (Operator Instructions) At this time, I would like to turn the conference over to Mr. Folgiero, Chief Executive Officer and Managing Director. Please go ahead, sir.
Good morning, ladies and gentlemen. Thank you for joining us. Welcome to Fincantieri 2022 Financial Results Conference Call. This set of results shows a solid top line with revenues up by 12% to EUR 7.4 billion, in line with expectations and with the development of the backlog.
EBITDA stands at EUR 221 million with a margin of 3% impacted by first half lower marginality, especially in Infrastructure as a result of the thorough risk analysis carried out by the management in the second half of the year by nonrecurring items of the period and by inflationary pressures due to the macroeconomic scenario.
In 2022, we delivered 19 ships from 9 different shipyards. This
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