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

Q1 2021 Fincantieri SpA Earnings Call Transcript

May 14, 2021 / 07:00AM GMT
Release Date Price: €5.37 (+0.43%)
Operator

Good morning. This is the Chorus Call conference operator. Welcome, and thank you for joining the Fincantieri First Quarter 2021 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Fabio Gallia, General Manager. Please go ahead, sir.

Fabio Gallia

Thank you, and good morning to everybody. We are here to present the first quarter results. Giuseppe Dado, our CFO, is with us, along with the Investor Relations team. If you go to Page 5 of the presentation, you will find executive summary.

I believe there are a couple of important messages. The first one being is that it's a very solid start to the year. We confirm our guidance for year-end in terms of revenues and profitability. And the first quarter results are totally consistent with this statement.

When you look at the number, you can see that revenues in the first quarter, excluding the pass-through we commented at the last presentation, revenues, as I was saying, are up by 9%, plus confirming the growth trend that were outlined in

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