Italian shipbuilder Fincantieri has made it back to profit in the first nine months.

The company said net earnings to 30 September were EUR 7m ($7.61m), against a loss of EUR 195m in the same period of 2015.

It said the result was in line with its business plan up to 2020.

Revenue grew to EUR 3.23bn from EUR 3.03bn, while EBITDA jumped to EUR 185m from EUR 6m, with a margin of 5.7%.

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