Published by Global Banking & Finance Review®
Posted on February 12, 2026
2 min readLast updated: February 12, 2026
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Fincantieri increases its 2025 EBITDA margin guidance to 7.4% and unveils a new 2026-2030 business plan, confirming its 2030 targets.
Feb 12 (Reuters) - Fincantieri on Thursday pledged to double its core profit to 1.25 billion euros ($1.49 billion) in 2030 under a new defence-centred multi-year strategy that will also double its shipyard production capacity in Italy and expand its underwater business.
Rising demand from the defence sector as Europe steps up military spending, with new contracts coming in already this year, is driving the need to increase production capacity, Fincantieri said.
The Italian shipbuilder projected a 40% increase in revenue through 2030, with a further target to double it to 18 billion euros by 2035 from the around 9 billion euros it expects to report for 2025.
It revised up its core profit margin expectation for 2025 to 7.4% and said it would further expand it to 13%, or 2.3 billion euros, in 2035.
To increase profit margins, Fincantieri aims to expand operations in Vietnam under a revamp of its shipyard production system.
It will shift part of the cruise‑ship section production to Romania and reorganise the offshore and specialised vessels business.
Fincantieri said it aimed to develop new technologies at its underwater division, deepening links with its defence business and pursuing selective acquisition opportunities in what it sees as a high‑tech, strategically important market.
It previously targeted a margin for earnings before interest, tax, depreciation and amortisation above 7% and a positive net profit for 2025. It now said its 2025 net profit would reach 110 million euros.
Shares rose 4% by 1201 GMT.
In 2026 the company is targeting revenue of between 9.2 billion to 9.3 billion euros, net profit above the previous year, and an EBITDA margin of around 7.5%.
($1 = 0.8415 euros)
(Reporting by Mirko Miorelli in Gdansk and Valentina Za in Milan; Editing by Matt Scuffham, Kirsten Donovan)
EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure used to analyze a company's operating performance.
A business plan is a formal document outlining a company's goals, strategies, and the means to achieve them over a specified period.
Net profit is the amount of money a company has left after all expenses, taxes, and costs have been deducted from total revenue.
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