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Astaldi, net profit for the half year +12,4%

In the middle of the year, the company recorded an Ebitda of 119 million (+6%) – Revenues also grew, exceeding 1,1 billion and improving performance by 14,3% – Slight drop in debt in the second quarter.

Astaldi, net profit for the half year +12,4%

Positive numbers for Astaldi at the mid-year halfway point. The Italian contractor closed the first half with a net profit up 12,4% compared to the same period last year, at 35 million euro. Ebitda is equal to 119,6 million (+6%). As for total revenues, they rose by 14,3%, exceeding 1,1 billion.

The order backlog reached the level of 9,1 billion, with over 1,1 billion of new orders. At the end of the second quarter the net financial position was negative by 525,5 million, recovering from the -527,6 million recorded at the end of the first half and the -362,4 million at the end of December.

The half-yearly numbers positively influenced the performance of the Astaldi stock on the Stock Exchange, which around 14 pm gained 1,64%.

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