Cruise ships are where the money is !
Italian shipbuilder Fincantieri FCT have delivered a higher revenue in the first quarter of 2018, mainly driven by the increase in the volumes of the cruise ships business. Their full year 2018 results are expected to be consistent with the 2018-2022 Business Plan targets. For 2018, the group confirms a growth in revenues of 3/6% and an EBITDA margin around 7.5%.
The shipbuilder has over EUR 27.7 billion, of work on the order book covering approximately 5.5 years of work.