The company said an upturn in marineactivities and a drive to improve efficiency and drive down costs had boosted pre-taxand interest profit 6% to EUR 37.2m ($50.55m).

Revenue was up 4% at EUR 294m over the sameperiod.

CEO Ugo Salerno said: “Returning confidencein the global marine markets and a new management team which took on theirresponsibilities with enthusiasm at all levels meant the group exceededexpectations in 2013.”

Rina’s