Fincantieri S.p.A. · MIL:FCT
Fincantieri — Merger or Acquisition (October 2017)
6 slides from Fincantieri's merger presentation, October 2017
Slide 1: Update on STX France
Update on STX France October, 2017
Slide 2: Framework agreement between the Italian and French governments
Framework agreement between the Italian and French governments Overview • The French and Italian Governments have reached an agreement aimed at facilitating the creation of a more efficient and competitive European shipbuilding industry. Their shared objective of moving towards a strong alliance bet
Slide 3: Framework agreement between the Italian and French governments - STX France
Framework agreement between the Italian and French governments - STX France Future Capital Structure Governance Employee Group of • Fincantieri will have majority of the votes in the shareholders’ meetings ownership local plan; 2% companies; • 1% shares borrowed from French State carrying all econom
Slide 4: Fincantieri vs. STX France
Framework agreement between the Italian and French governments – Fincantieri vs. STX France Fincantieri(1) STX France Clients 73 Order intake 2004 – 2017(2) 23 (# of ships) € 4.4 bln Revenues 2016 € 1.2 bln Total backlog(3) € 24 bln 2016 € 12.9 bln Source: company information, Fincantieri analysis (
Slide 5: Key areas of value creation
Key areas of value creation Description Purchasing and • Increase of bargaining power and leverage of scale effects on specific product categories Supply Chain • Focus on commodities, main system and strategic components: price benchmark and price alignment • Integrated coordination of prospects Com
Slide 6: Framework agreement between the Italian and French governments - Naval sector
Framework agreement between the Italian and French governments - Naval sector Final objectives • Build a more efficient European naval industry and actively support initiatives towards a deeper military cooperation between the countries through the creation of an alliance aimed at maximizing export