Fincantieri

M&A Activity • Sep 9, 2022

Informazione Regolamentata n. 1616-53-2022		Data/Ora Ricezione 09 Settembre 2022 12:42:54	Euronext Milan
Societa'	:	FINCANTIERI
Identificativo Informazione Regolamentata	:	166807
Nome utilizzatore	:	FINCANTIERIN05 - Dado
Tipologia	:	2.2
Data/Ora Ricezione	:	09 Settembre 2022 12:42:54
Data/Ora Inizio Diffusione presunta	:	09 Settembre 2022 12:42:55
Oggetto	:	Fincantieri will build four further cruise ships for Viking
Testo del comunicato

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FINCANTIERI WILL BUILD FOUR FURTHER CRUISE SHIPS FOR VIKING

The vessels for this ship owner are 18 in total

Trieste, September 9, 2022 – In the context of the announcement for six options dated March 2018, Fincantieri and Viking have put into effect the contracts for the third and fourth ships. The companies also have signed the contract for the fifth and sixth units, subject to access to financing as per industry practice. The total value of the agreements is about euro 1.7 billion. Deliveries are scheduled respectively in 2026, 2027 and two in 2028.

For this batch of six vessels, which follows the 10 units ordered from 2012, Fincantieri has developed in partnership with the shipowner a project based on the successful features of the previous ships, upgraded and revisited with the latest technologies. The Viking units will be built according to the latest navigation regulations and equipped with the most modern safety systems. This new generation of ships is also designed for hydrogen fuel cells and will set a new standard for the industry.

As of today, the collaboration between Fincantieri and Viking reaches a total of 18 vessels, including two purpose-built expedition vessels of the subsidiary Vard, confirming the recovery of the cruise sector, which is expected to return to pre-pandemic levels by 2023.

Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems.

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With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with over 21,000 employees.

www.fincantieri.com

FINCANTIERI

Press Office Investor Relations Tel. +39 040 3192473 Tel. +39 040 3192279 press.office@fincantieri.it investor.relations@fincantieri.it