RINA SURPASSES 900 MILLION REVENUES IN 2024 AND UPDATES GLOBAL STRATEGY

• Revenues of 915 million euros and EBITDA of 138 million euros in 2024, up 15% and 22% respectively on 2023
• Positive growth also for the first quarter of 2025
• Strategic plan updated: new lines of growth, innovation and skills on the path to 2030

The shareholders’ meeting of RINA, a multinational engineering, inspection and certification consultancy group, today approved the 2024 financial statements, which show revenues of 915 million euros (up 15% compared to 2023) and an EBITDA of 138 million euros (+22% compared to 2023, therefore going from 14% to 15% of revenues). Net profit rose to 30.4 million euros, compared to 12.5 million in the previous year, and financial leverage fell further to around 1x.

The growth trend is also confirmed in the first quarter of 2025, which RINA closed positively with operating revenues of 235 million euros (+12% compared to the same period in 2024) and, above all, with an order intake of approximately 366 million euros (with an increase of 16% compared to 2024).

In parallel, RINA is committed to implementing its 2030 strategic plan , investing increasingly in initiatives related to innovation and digitalization. These include the launch of the Open Innovation Hubs (the first of which announced at the end of 2024 in Singapore), centers that will allow research projects to be transformed into concrete activities available to businesses and local communities, and the AI Factory, a set of agile physical and digital rooms focused on the evolution of internal processes and the design of a high-tech portfolio for customers.

The company, in a constantly evolving external context, has also identified new growth horizons in which to continue to invest, such as space and defense, the mining industry, the subsea economy and the world of data centers.

Carlo Luzzatto, CEO and General Manager of RINA , said: “We are very satisfied with the results achieved in 2024, which mark a further acceleration of our growth path in all our reference markets. RINA is a knowledge company, committed to continuously evolving the value proposition to its customers, combining the human and digital components to offer increasingly advanced and high added value services. We will therefore continue to invest in human capital and innovation, convinced that this is the key to being protagonists in a world in continuous transformation that requires speed of execution and, at the same time, flexibility and the ability to adapt, especially in a phase of economic and geopolitical uncertainty at a global level”.