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Stock market, Salini Impregilo flies after the accounts

Turnover rose to 4,2 billion, up 11% year on year, while Ebitda grew by 21%, to 437 million, and Ebit by 24%, to 259 million.

Stock market, Salini Impregilo flies after the accounts

The share of Salini Impregilo on the Stock Exchange soars, gaining six percentage points in the mid-morning, to 3,90 euros. The purchases of the construction group's shares come the day after the publication of the 2014 accounts, which showed growing revenues and Ebitda, confirming the objectives of the plan for 2017.

In detail, according to the press release published yesterday by the company, the turnover rose to 4,2 billion, up 11% year on year, while theEbitda grew by 21%, to 437 million, and theEBIT by 24%, to 259 million. The net debt as at 31 December last it was equal to 89 million, with an improvement of 103 million compared to a year before.

Over the course of the year the group recorded new ones orders equal to about 6 billion. The total portfolio at the end of the year amounted to 32,4 billion. 

Finally, Salini Impregilo has reached an agreement with a pool of banks for renegotiate a significant portion of the debt existing bank, for a total amount of approximately 630 million euro.

During the conference call, the CEO Pietro Salini explained that the guidance on 2015 it will be disclosed on the occasion of the Board meeting called to approve the 2014 budget project. On the sale of Todini, the CEO Pietro Salini explained: "We are working on it, the project is to sell it entirely or in pieces".

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