In mid-February, Fincantieri announced its annual balance for 2011: Despite a major downturn of the market, 2011 closed with[ds_preview] approximately 2.4 bill. € in annual revenues, of which more than 80 % for the export market, as well as over 1.8 bill. € in new orders acquired during the year.
In particular, orders were secured to build two large cruise ships for the Carnival Group (one for P&O Cruises and one for the Costa brand), and one small super-luxury cruise ship for Compagnie du Ponant, a French cruise line. In the naval segment the subsidiary Orizzonte Sistemi Navali secured an order to build one landing ship logistics vessel for the National Navy of the Republic of Algeria, while the US subsidiary Fincantieri Marine Group won an order to build another Littoral Combat Ship (LCS) for the US Navy and another 21 smaller vessels for the US Coast Guard. The US shipyards will also build two offshore platform supply vessels ordered by Tidewater, the world largest provider of services for the offshore energy industry.
Lastly, the repair and conversion business unit received 62 mill. € in orders, while 136 mill. € in orders were placed to the systems and components business unit.
