Home Investor Relations Historical financial results


Here we present the highlights of 2018.

In brief

  • Guidance fully confirmed in a still challenging market setting
  • Operating performance constantly improving
  • Robust and well-balanced backlog thanks also to the important acquisitions in the fourth quarter
  • Borrowings continuously and progressively decreasing notwithstanding the investment made in a new vessel
  • Write-downs and reorganisation charges: a total of €497 million

Income statement

Balance sheet and financial position


(*) Data were restated following the entry into force of IFRS 9 and IFRS 15

Reclassified Cash Flow Statement

In brief
Income statement
Balance sheet and
financial position
Reclassified Cash
Flow Statement
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