Fincantieri improved its earnings as it benefitted from a full return to shipbuilding after pausing operations last year due to Covid-19.

The Italian company, which builds cruiseships for the likes of Carnival Corp and other majors, posted €330m ($378m) in Ebitda for the first nine months of 2021 versus €200m in the same period last year.

It did not report a bottom-line profit.