The underwater business segment, which saw an 88% increase in revenue, was the main driver of this?fourfold? jump.
The shares of the Trieste-based firm rose up to 7.5% after the results. State-controlled shipbuilder reiterated their 2026 'targets' for revenue between 9.2 and 9.3 billion euro, an EBITDA margin of 7.5%, and a net profit increase. Pierroberto Folgiero, CEO of the Italian shipyards, said that the company was preparing for a further increase in defense demand by doubling its production capacity.
