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Stock Exchange, Ansaldo Sts flies on the wings of the quarterly

The stock downshifts and takes the lead in the Ftse Mib – In the first nine months of 2012, profits -6,6% and revenues +3,8%.

Stock Exchange, Ansaldo Sts flies on the wings of the quarterly

The accounts are good for the stock on the Stock Exchange by Ansaldo Sts. After the publication of the results, the shares of the subsidiary of Finmeccanica active in rail transport turned positive to gain 3,70%, clearly taking the lead on the Ftse Mib.

In the first nine months of 2012, Ansaldo Sts registered a net profit of 45,6 million euros, against 48,8 million in the same period last year (-6,6%). The volume of revenues in the first nine months of 2012 amounted to 873,5 million euro, against 841,6 million in the period January-September 2011 (+3,8%). This is what we read in the press release released after the Board meeting which examined the consolidated accounts as at 30 September.

The operating result (Ebit) reached 77,6 million euros, almost unchanged on an annual basis. The profitability index of the group (Ros) stood at 8,9%. Investments in research and development amounted to 23,8 million euros.

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