RINA tops €1 billion in revenue as 2026 growth continues

By AI, Created 1:36 PM UTC, May 26, 2026, /AGP/ – RINA reported 2025 revenue above €1 billion, with higher profit and EBITDA, and said first-quarter 2026 results also improved. The Italian inspection, certification and engineering group is leaning on acquisitions and its 2030 plan to keep expanding.

Why it matters: - RINA’s 2025 results show the Italian group has crossed the €1 billion revenue mark while keeping profitability and leverage in check. - The company is also signaling that growth is not slowing, with first-quarter 2026 revenue and order intake both up. - The numbers matter because RINA is positioning acquisitions, especially in marine and naval engineering, as a key driver of future expansion.

What happened: - RINA shareholders approved the 2025 financial statements at the group’s meeting on May 26, 2026. - 2025 revenue reached €1.03 billion, up 11% from 2024. - Adjusted EBITDA climbed to €155 million, up 12.5% year over year. - Adjusted EBITDA margin improved from 14.8% to 15% of revenue. - Net profit rose to €39.7 million from €30.4 million in 2024. - Financial leverage stayed stable at about 1x. - First-quarter 2026 revenue reached €246 million, up 2.7% from the same period in 2025. - Order intake in the first quarter of 2026 was about €346 million.

The details: - RINA said its order intake-to-revenue ratio stayed above 1.2x, supporting future revenue growth. - Executive Chairman Ugo Salerno said passing €1 billion in revenue reflects the company’s ability to evolve while maintaining growth. - Salerno said RINA plans further development through targeted international acquisitions focused on businesses with strategic potential. - CEO and General Manager Carlo Luzzatto said RINA is accelerating execution of its 2030 strategic plan. - Luzzatto said the acquisition of Foreship strengthened RINA’s marine and naval engineering capabilities and expanded its international footprint. - RINA operates across Energy, Marine, Infrastructure & Mobility, Certification, Industry and Real Estate. - RINA said it has more than 7,000 employees, 200 offices and operations in 70 countries. - RINA said it is a member of key international organizations and contributes to the development of new legislative standards. - In December 2023, Fondo Italiano d’Investimento SGR entered the shareholding structure alongside majority shareholder Registro Italiano Navale and a pool of co-investors. - RINA’s website is more information.

Between the lines: - Crossing €1 billion in revenue gives RINA a scale milestone that can support acquisitions, international expansion and more leverage with customers and partners. - The stable leverage ratio suggests the company is growing without adding obvious balance-sheet stress. - The order intake figure above revenue points to a healthy pipeline, though future conversion into sales will depend on execution.

What’s next: - RINA will continue pursuing targeted international acquisitions under its 2030 plan. - The company will try to convert its order backlog and higher intake into sustained revenue growth through 2026. - Management said innovation and expansion in marine and naval engineering remain priorities after the Foreship deal.

The bottom line: - RINA has turned scale into momentum: revenue is above €1 billion, profits are rising and the company is already signaling more deal-driven growth ahead.