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Sea

Danish frigate contender raises earnings forecast

Fincantieri is more optimistic about its full-year earnings as the Italian shipbuilder seeks to supply Denmark’s future frigates
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Italian shipbuilder Fincantieri has raised its EBITDA forecast for 2026 after improving profitability in the first nine months of the year.

The company, which owns Norwegian shipbuilder Vard, attributed the improvement partly to stronger margins in its shipbuilding business and growth in its underwater division, according to its nine-month results released on Thursday.

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