Italian shipbuilder Fincantieri has revealed a record orderbook of EUR 33.8bn ($38.4bn) as profit rose in 2018.
The cruiseship specialist said net earnings were up at EUR 69m from EUR 53m in 2017.
Revenue was also at a record level, rising 9% to EUR 5.5bn.
Net debt stood at EUR 494m.
CEO Giuseppe Bono said: “The results we have presented prove once again that our company is a leader, a landmark in the worldwide shipbuilding industry, a network of excellences that share knowledge and resources in many fields.
"The relevant increase in revenues that have grown by almost 10% is only the first step in the growth path aiming at an approximate 50% increase of volumes by 2022, requiring a high organisational effort and a clear vision of the future challenges."
The cruiseship division won orders for 14 new ships in 2018.
These included units for Viking, NCL, Cunard, Silversea, Virgin and new client TUI Cruises.
