Fincantieri Reports Net Loss for 2009

Fincantieri has reported net loss of 64 million euro on revenues of 3.3 billion euro for 2009. Revenues were up 11 percent from 2008, according to the shipbuilder, including the U.S. based Fincantieri Marine Group. Fincantieri also reported net operating income of 20 million euro and EBITDA earnings of 125 million euro.