Genoa, 26th March 2013
The Management of Ansaldo STS present today at the STAR Conference, organized in Milan by the Italian Stock Exchange, the new strategic plan during his annual Investor Meeting with the financial community. Here follow the growth targets to 2015.
|Milion Euro / %||2012||Targets 2015|
|Orders backlog||5,683.3||6,100 – 6,500|
|Revenues||1,247.8||1,500 – 1,700|
|EBIT Margin (ROS)||9.4%||~ 10%|
|Net Financial Position*||(302)||(340) – (380)|
* Before dividend payments
The presentation can also be followed via webcast from the site of Ansaldo STS in the session dedicated to the event, from which it will be also available the presentation document in support of the conference.
Christian Andi, the director responsible for drawing up the company’s accounting statements, hereby declares, pursuant to article 154-bis, paragraph 2 of the Consolidated law on Finance, that the information contained in this press release accurately represents the figures contained in the Company’s accounting records.
This press release contains statements that are provisional in nature, based on Ansaldo STS’ current objectives and forecasts. These provisional statements are by their nature subject to a number of unforeseeable risk factors, which could lead to results that are different from the plans, objectives and expectations expressed herein.
The above-mentioned provisional statements are only valid on the date that they are made, and Ansaldo STS SpA is under no obligation to update or revise any statement following new information received, future events or anything else.
The management of Ansaldo STS also assesses the business and financial performance of the Group and its business segments based on a number of indicators not provided for by IFRS. As required by CESR recommendation CESR/05 - 178b, the components of each of the non-GAAP alternative performance indicators used in this press release are defined below.
Return on Sales (ROS): the ratio of EBIT to revenue.
New orders: are the sum of the contracts agreed with customers during the reporting period that meet the contractual requirements to be recorded in the orders book.
Order backlog: is the difference between new orders and revenue for the period (less the change in contract work in progress). This difference is added to the backlog for the previous period.
Investor & External Relations
Andrea Razeto, tel. +39 010 6552068
Giancarlo Fre, tel. +39 06 48905000
Andrea Faravelli, tel. +39 02 48000250