Naval Group reports third year of earnings growth

28 February 2018

French naval shipbuilder Naval Group (formerly DCNS) has reported strong increases in sales, earnings, and margins for 2017.

The state-controlled group reported sales of EUR3.7 billion (USD4.5 billion) for 2017, compared with EUR3.2 billion in 2016 and EBITA of EUR172.7 million, up from EUR102.5 million and EUR64 million in 2016 and 2015 respectively.

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