Q2 2019 Fincantieri SpA Earnings Call Transcript
Good morning. This is the Chorus Call conference operator. Welcome and thank you for joining the Fincantieri First Half 2019 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.
Ladies and gentlemen, good morning and welcome to our first half results conference call. Let me start by saying that despite some challenges, notably in offshore business, we achieved excellent results of growth rate. Our revenues increased by 12% and EBITDA by 17%. These impressive results marks the seventh consecutive semester of revenue growth. ta
We expect this trend to continue, as we are expanding our production by investing in the restructuring our yards. The success of this strategy shows in the profitability increase that we can achieve in the next year. The net result was (inaudible). This net value is impacted by charges of asbestos-related claims and
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