30 October 2015, 13:30 pm

Genoa, 30 October 2015

  • Order Backlog at EUR 6,029.2 million (+1.1%);
  • Revenue at EUR 952.6 million (+9.4%);
  • EBIT at EUR 90.9 million (+12.6%);
  • Net Result at EUR 59.5 million (+16.6%);
  • Net Financial Position, positive net cash at EUR (276.8) million (+31.4%);
  • Economic Value Added (EVA) at EUR 39.4 million (+20.1%).

The Board of Directors of Ansaldo STS S.p.A. (STS.MI) has examined and approved the Group’s consolidated Interim Financial Report at 30 September 2015.

Order Backlog at EUR 6,029.2 million (EUR 6,120.8 million at 31 December 2014, and EUR 5,964.8 million at 30 September 2014).

Revenue at EUR 952.6 million, an increase of EUR 82.1 million compared with EUR 870.5 million. The increase is mainly due to the start of new contracts awarded in recent years.

Operating Income (EBIT) is EUR 90.9 million, an increase of EUR 10.2 million compared with 30 September 2014; Return on Sales (ROS) is 9.5% compared with 9.3% in the previous year.

Net Result is EUR 59.5 million (EUR 51.1 million at 30 September 2014).

The CEO of Ansaldo STS, Stefano Siragusa, is very satisfied with the results of the company, which "show that steadily, quarter on quarter, in Ansaldo STS we all are keeping our promises in terms of double digits profitable growth. We are building our future because we have decided to significantly increase our investments in R&D. We deserve all this because we showed that we were able to double-digit increase our productivity, cut costs and reduce working capital. The significant increase in cash generation demonstrates the reliability of our business model and management. With the strength of these results, we all are committed to, thanks to Hitachi, further accelerate the virtuous growth path that has always characterized us and to achieve the role of market leaders who believe we deserve. We are convinced that the future with Hitachi will give us new inputs because our technological and human competences will be enriched with undisputed expertise and excellence that have made Hitachi the Group global which we are proud to start being part of".