Nov 14, 2024 / 04:00PM GMT
Operator
Good afternoon. This is the chorus call conference operator. Welcome and thank you for joining the Fincantieri nine month 2024 results conference call. (Operator Instructions) At this time, I would like to turn the conference over to Mr Folger, Chief Executive Officer and managing director. Please go ahead sir.
Pierroberto Folgiero - Fincantieri SpA - Chief Executive Officer, Executive Director
Good afternoon. Ladies and gentlemen, welcome to fincantieri's nine month 2024 financial results conference call.
We are very satisfied with the result achieved both from a commercial and financial standpoint. We recorded a solid top line growth with revenues up 3.7% year on year reaching 5.6 billion. EUR thanks to the virtuous path pursued by Fincantieri over the last couple of years, we have been able to deliver a significant increase in profitability with a margin at 5.9% materially higher than the 5.1% reported in the first nine months of 2023 and 5.2% at the end of 2023 with improvements in all our segments. A beda in absolute terms rose by 19% compared to
Q3 2024 Fincantieri SpA Earnings Call Transcript
Nov 14, 2024
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