Financial Data

Economic data		31.12.2024	31.12.2023	30.09.2023	30.09.2022	31.12.2022	31.12.2021	31.12.2020	31.12.2019	31.12.2018⁴	31.12.2017
Revenue and income	euro/million	8,128	7,651	5,383	5,315	7,440	6,911	5,879	5,849	5,416	5,020
EBITDA	euro/million	509	397	276	172	221	495	314	320	421	341
EBITDA margin	percentage	6.3%	5.2%	5.1%	3.2%	3.0%	7.2%	5.3%	5.5%	7.8%	6.8%
EBIT	euro/million	246	162	-	-	(10)	289	148	153	285	221
EBIT margin	percentage	3.0%	2.1%	-	-	-0.1%	4.3%	2.5%	2.6%	5.3%	4.4%
Adjusted profit/(loss) for the year ⁶	euro/million	57	(7)	-	-	(108)	92	(42)	(71)	114	91
Extraordinary and non-recurring income and (expenses)	euro/million	(39)	(61)	-	-	(238)	(90)	(258)	(67)	(51)	(49)
Profit/(loss) for the year	euro/million	27	(53)	-	-	(324)	22	(245)	(148)	69	53
Group share of profit/(loss) for the year	euro/million	33	(53)	-	-	(309)	22	(240)	(141)	72	57

Financial data		31.12.2024	31.12.2023	30.09.2023	30.09.2022	31.12.2022	31.12.2021¹	31.12.2020	31.12.2019	31.12.2018	31.12.2017
Net invested capital	euro/million	2,126	2,705	-	-	3,118	3,118	3,118	3,118	1,747	1,623
Equity	euro/million	845	434	534	666	587	834	777	1,050	1,253	1,309
Net financial position	euro/million	(1,281)	(2,271)	(2,705)	(3,030)	(2,531)	(2,531)	(1,062)	(736)	(494)	(314)

Other indicators		31.12.2024	31.12.2023	30.09.2023	30.09.2022	31.12.2022	31.12.2021	31.12.2020	31.12.2019	31.12.2018	31.12.2017
Order intake	euro/million	15,355	6,600	4,040	3,285	5,328	3,343	4,526	8,692	8,617	8,554
Order book	euro/million	43,522	34,629	-	-	34,591	36,339	36,770	37,127	32,743	28,482
Total backlog⁷	euro/million	51,178	34,772	32,647	34,460	34,326	35,519	35,681	32,690	33,824	26,153
Backlog	euro/million	30,978	23,072	22,247	24,060	23,826	25,819	27,781	28,590	25,524	22,053
Soft backlog⁹	euro/million	20,200	11,700	10,400	10,400	10,500	9,700	7,900	4,100	8,300	4,100
Capital expenditure	euro/million	263	258	179	183	295	358	309	279	161	163
Net cash flow of the period	euro/million	(68)	201	-	-	(672)	(50)	901	(296)	402	65
Employees at the end of the period	number	22,588	21,215	-	-	20,792	20,774	20,150	19,823	19,274	19,545
Vessels delivered	number	20	26	17	12	19	19	19	26	35	25

CONSOLIDATED RESULTS BY SEGMENT

Shipbuilding

Economic data		31.12.2024	31.12.2023	30.09.2023	30.09.2022⁸	31.12.2022⁸	31.12.2021	31.12.2020²	31.12.2019³	31.12.2018⁴	31.12.2017⁵
Revenue and income	euro/million	5,990	6,129	4,354	4,600	6,373	5,903	5,226	5,145	4,678	4,267
EBITDA	euro/million	396	367	256	288	340	467	285	368	395	270
EBITDA margin	percentage	6.6%	6.0%	5.9%	6.3%	5.3%	7.9%	5.4%	7.2%	8.5%	6.3%

Offshore & Specialized Vessels

Economic data		31.12.2024	31.12.2023	30.09.2023	30.09.2022	31.12.2022	31.12.2021	31.12.2020²	31.12.2019³	31.12.2018⁴	31.12.2017⁵
Revenue and income	euro/million	1,371	1,070	710	554	751	456	389	327	623	676
EBITDA	euro/million	67	52	31	15	22	10	(5)	(99)	(13)	41
EBITDA margin	percentage	4.9%	4.9%	4.3%	2.7%	2.9%	2.1%	-1.3%	-30.4%	-2.1%	6.1%

Equipment, Systems & Services

Economic data		31.12.2024	31.12.2023	30.09.2023	30.09.2022⁸	31.12.2022⁸	31.12.2021	31.12.2020²	31.12.2019³	31.12.2018⁴	31.12.2017⁵
Revenue and income	euro/million	1,498	1,100	789	583	916	1,404	937	899	651	558
EBITDA	euro/million	103	24	21	(100)	(96)	61	76	90	73	64
EBITDA margin	percentage	6.9%	2.2%	2.7%	-17.2%	-10.5%	4.4%	8.1%	10.0%	11.2%	11.5%

_{(1) Net financial position reported by the Group aligned to the ESMA recommendations. As a consequence, Net invested capital has been restated
(2) The figures have been restated following the reallocation of Vard Electro and Seaonics respectively from the Shipbuilding and the Offshore & Specialized Vessels segments to the Equipment, Systems & Services segment
(3) 2019 figures have been restated to reflect the reallocation of Vard Electro’s activities from the Offshore and Specialized Vessels to the Shipbuilding segment
(4) 2018 comparative figures have been restated to reflect the discontinued operations of the small vessel construction business for the fishery and aquaculture sectors and the divestment of the Aukra shipyard
(5) 2017 comparative figures have been restated following the redefinition of Shipbuilding and Offshore operating segments
(6) Adjusted net result before extraordinary and non-recurring items
(7) Sum of backlog and soft backlog
(8) The figures have been restated to reflect the reallocation of the Services and Accomodation Cluster business areas (renamed "Ship Interiors") from the Equipment, Systems and Services segment (renamed "Equipment, Systems and Infrastructure") to the Shipbuilding segment
(9) Soft backlog includes the value of existing contract options and letters of intent as well as of contracts at an advanced stage of negotiation, which are not yet reflected in the order backlog. From 2024, within the Italian Defense area, the soft backlog also reflects the programs included in the Defense Multi-Year Plan (Documento Programmatico Pluriennale - DPP); Fincantieri refers to this document in its financial reporting to ensure full transparency on the expected impact of these programs on future order intake and revenues}

For the dissemination of regulated information FINCANTIERI S.p.A. uses eMarket SDIR managed by Spafid Connect S.p.A., with registered office in Foro Buonaparte n. 10, Milan.
For the storage and filing of regulated information made available to the public FINCANTIERI S.p.A. adheres to the mechanism for the centralized storage of regulated information denominated eMarket STORAGE, available at the website www.emarketstorage.com and managed by Teleborsa S.r.l., with registered office in Piazza di Priscilla 4, Rome (*).

(*) Until 8 May 2015 FINCANTIERI S.p.A. has used the mechanism for the centralized storage of regulated information denominated “1Info”, available at the website www.computershare.it, managed by Computershare S.p.A., with registered office at Via Lorenzo Mascheroni 19, Milan.