Fincantieri S.p.A. (FNCNF) Q4 2025 Earnings Call Transcript

SA Transcripts159.11K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Fincantieri S.p.A. (FNCNF) Q4 2025 Earnings Call March 25, 2026 11:00 AM EDT Company Participants Pierroberto Folgiero - CEO, MD & DirectorGiuseppe Dado - Chief Financial Officer Conference Call Participants Antonio Gianfrancesco - Intermonte SIM S.p.A., Research DivisionMarco Vitale - Mediobanca - Banca di credito finanziario S.p.A., Research DivisionEmanuele Gallazzi - Equita SIM S.p.A., Research DivisionGabriele Gambarova - Intesa Sanpaolo Equity ResearchSriram Krishnan - Deutsche Bank AG, Research Division Presentation Operator Good afternoon. This is the chorus call conference operator. Welcome, and thank you for joining the Fincantieri Full Year 2025 Results Conference Call. [Operator Instructions] At this time, I would like to turn the conference over to Mr. Folgiero, Chief Executive Officer and Managing Director. Please go ahead, sir. Pierroberto FolgieroCEO, MD & Director Good afternoon, ladies and gentlemen, and welcome to Fincantieri's Full Year 2025 Results Call. We are proud to share with you the outstanding results achieved in 2025, which highlights Fincantieri's ability to capture the opportunities offered by the favorable macro trends in our markets, while maintaining financial discipline and ensuring flawless execution of our backlog. In 2025, we delivered tangible progress in the implementation of our strategy, exceeding expectations and creating significant value for all our stakeholders. This provides an exceptionally strong foundation on which to build the group's growth trajectory set out in the new 2026-2030 business plan. We achieved a double-digit revenue and EBITDA growth a strong margin expansion supported by continued efficiency initiatives and a profitable business mix, leading to the highest net profit in our industry at EUR 117 million, more than 4x higher than 2024. We also recorded a new all-time high in both order intake and total backlog, confirming the strength of our commercial positioning and remarkable growth potential. On the financial front, the group continues to