Italian shipbuilder Fincantieri has increased earnings in the first three quarters as it continued to win cruiseship orders.

Net profit rose to EUR 233m ($379m), from EUR 185m in 2016.

Revenues rose 10.7% to EUR 3.57bn, while the backlog of 97 vessels is worth more than EUR 25bn.

A total of 14 cruiseships have been ordered this year, including options, it said.