The Ansaldo STS Group recorded a net profit of EUR 15,467 thousand at 31 March 2011 compared with EUR 14,392 thousand recorded at 31 March 2010; revenue totalled EUR 278,177 thousand against EUR 265,003 thousand recorded in the first quarter 2010, with a Group’s return on sales equal to EUR 9.2% substantially in line with the figure recorded in the same period last year (9.1%).
The net financial position was equal to EUR 295,402 thousand, below the figure reported at 31 December 2010 (EUR 318,150 thousand; EUR 283,858 thousand at 31 March 2010). Orders came to EUR 551,393 thousand compared with EUR 293,021 thousand at 31 March 2010. The value of backlog is equal to EUR 4,793,266 thousand, increased from that for the end of 2010, which amounted to EUR 4,551,127 thousand (EUR 3,836,761 thousand at 31 March 2010).
In the period from 30 December to 31 March 2011, the official price of the stock moved from EUR 10.67 to EUR 10.34, with a decrease of 3.2%. The stock reached a peak for the period of EUR 11.21 (official closing price of 14 January 2011) and a low of EUR 9.67 (official closing price of 15 March 2011). The daily average volumes for the period at issue amounted to 608,980 shares exchanged. Since 21st February the stock has been affected by the Libyan crisis. In the period under review, the FTSE All Share Italy index earned 7.2%, while the FTSE Italia STAR index earned 4.2%. The analysts’ evaluations, at 31 March 2011, achieved consensus in terms of price objective equal to EUR 12.3.