Fincantieri SpA (MIL:FCT)
€ 5.162 -0.038 (-0.73%) Market Cap: 1.66 Bil Enterprise Value: 3.95 Bil PE Ratio: 0 PB Ratio: 2.47 GF Score: 75/100

Q4 2019 Fincantieri SpA Earnings Call Transcript

Apr 02, 2020 / 07:00AM GMT
Release Date Price: €4.09 (-0.85%)
Operator

Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri 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.

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

Thank you. Good morning, ladies and gentlemen. I confess my total discomfort to comment on the result of last year while all the world is fighting to face an apolitical disaster. I wanted to look my speech to give you some message about our view of the future of our company. And we give you the actions that we are implementing to assure to our company, to the future of our development. Our first priority is our people, and we are taking the every possible action to protect the health of our employees, our most important asset.

Since March 16, we suspended all activities in our Italian shipyard, and we are actively organizing to efficiently resume the operation when the time is right. They say the cruise sector is one of the

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