Short term pain for long term gain

Article Abstract:

Cantieri Navali Italiani SpA, better known as Fincantieri, is ebullient about its future prospects despite reporting a loss of 299 billion lira in FY 1998. Fincantieri CEO Corrado Antonini noted that the 1998 figure represents the shipbuilder's first actual financial turnaround after five years of steady growth and the production of more than 2,000 vessels for both the Italian Navy and other, commercial enterprises.

Fincantieri - Cantieri Navali Italiani SpA

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Fincantieri targets market flotation

Article Abstract:

The state-owned Italian shipbuilder Fincantieri is planning to start an initial public offering (IPO) and is looking to enter the stock market in early 2006. Fincantieri builds and renovates warships for the Italian Navy and other naval forces around the world and also has significant cruise-ship and merchant-vessel interests.

Author: Murphy, James
Forecasts, trends, outlooks, Securities issued, listed, Securities, Company securities, Fincantieri - Cantieri Navali Italiani S.p.A., Company business forecast/projection, Company forecasts

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


DCN anticipates dip in full-year operating profits

Article Abstract:

A full year operating profit of EUR192 million in 2006, anticipating a 13.5 per cent dip from fiscal year 2005 is indicated by the French shipbuilder and support services provider DCN. On 4 October 2006, DCN reconfirmed its outlook while confirming the figures for the first half of 2006.

Author: Anderson, Guy
France, Company sales and earnings, Company earnings/profit, DCN International

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Italy, Shipbuilding industry
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.