Fincantieri S.p.A. [FCT.MI] Stock Forecast

Fincantieri S.p.A. operates in the shipbuilding industry. The company operates in three segments: Shipbuilding; Offshore and Specialized Vessels; and Equipment, Systems and Services. The Shipbuilding segment designs and constructs cruise ships; ferries, including cruise, Ro-Pax, and due fuel ferries; naval vessels, such as aircraft carriers, destroyers, frigates, corvettes, patrol vessels, amphibious and logistic support ships, multirole and research vessels, special vessels, and submarines; and mega yachts, as well as expedition cruise vessels. The Offshore and Specialized Vessels segment designs and constructs offshore support vessels, specialized ships, and vessels for offshore wind farms and open ocean aquaculture, as well as other products in the field of drill ships and semi-submersible drilling rigs. This segment also provides electrical systems, including engineering, manufacturing, installation, integration testing, and commissioning services. The Equipment, Systems and Services segment provides stabilization, propulsion, and positioning and power generation systems; ship automation systems, steam turbines, and ship accommodation systems; entertainment systems and steel structures; cabins and public areas; catering; and electric, electronic, and electromechanical integrated systems. This segment also offers ship repairs, refitting, refurbishment, conversions, and product lifecycle management services, as well as after-sales support services. In addition, it is involved in the dry-dock management; project management; accommodation installation; and pipe installation. Further, the company provides electrical parts, technical and logistics engineering services, and ship interiors. It primarily serves ship owners and the defense sector worldwide. The company was founded in 1959 and is based in Trieste, Italy. Fincantieri S.p.A. is a subsidiary of CDP Industria S.p.A.