Thursday, November 12, 2015 - 09:30

Ansaldo STS group recognised a profit of €59.5 million for the first nine months of 2015, compared to €51.1 million for the corresponding period of 2014. Revenue came to €952.6 million, up on the first nine months of 2014 (€870.5 million), and ROS was 9.5%, compared to 9.3% in the first nine months of 2014.

More specifically:

New orders totalled €589.3 million compared to €1,239.2 million for the first nine months of 2014; the order backlog amounted to €6,029.2 million (€6,120.8 million at 31 December 2014, €5,964.8 million at 30 September 2014).

Revenue came to €952.6 million, up by €82.1 million on the €870.5 million of the first nine months of 2014.
The increase is mainly due to a different mix as a result of commencement of the new contracts acquired in recent years.
Operating profit (EBIT) came to €90.9 million, compared to €80.7 million for the corresponding period of the previous year, up €10.2 million. ROS was 9.5%, compared to 9.3% in the first nine months of 2014.

The profit for the period came to €59.5 million (€51.1 million for the corresponding period of 2014).

The group’s net financial position decreased from €293.4 million at 31 December 2014 to €276.8 million, but increased compared to 30 September 2014 (€210.6 million).

Research and development expense recognised directly in profit or loss amounted to €27.3 million, up €5.9 million from the expense recognised in the corresponding period of the previous year (€21.4 million).

The group’s headcount decreased by a net 101 employees to 3,759 from 3,860 at 30 September 2014 and 3,799 at 31 December 2014.

The average headcount of 3,755 employees fell by a net 98 employees compared to 3,853 in the first nine months of 2014 (3,854 in 2014).