Genoa, October 23rd 2017
Ansaldo STS (STS.MI) informs that, with reference to the contract with AB Storstockholms Lokaltrafik (“SL”), in respect of the signalling system upgrading on the Metro System Red Line portion in Stockholm, for a total whole life contractual value of about EUR 127 million, SL has requested the refund of payments related to contract amendments previously agreed by the parties, for an amount of about EUR 35 million, plus VAT and interests.
The Company will take any necessary action to protect its rights.
Any possible impact affecting 2017 guidance already approved will be provided as soon as possible.
Any update on this matter will be promptly communicated.