Italian yard group Fincantieri has logged better profit in the first quarter as its backlog swelled further.

The cruiseship giant said EBITDA was EUR 89m ($105.86m) to 31 March, up from EUR 67m a year ago.

Revenue was up at EUR 1.22bn from EUR 1.1bn, while the total orderbook including options stood at more than EUR 27.7bn, covering five and a half years of work.