Fincantieri reports 2019 loss due to Vard restructure costs

By 2020-04-06T14:09:00

REV Ocean

The negative performance restructuring costs of the Vard Group, a subsidiary of the Italian state-owned Fincantieri shipbuilding group, has caused Fincantieri to report a loss of €148m for 2019 compared with a profit of €69m in the previous year. Vard is currently participating in the build the REV Ocean82, the ...

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