stm go back to recording to evaluate. The company announced in a statement that it has closed thefiscal year 2014 in profit of 128 million dollars. Instead, 2013 ended with a 500 million dollar loss. The last quarter of the year just ended closed with a profit of 43 million dollars while in the same period of 2013 STM had recorded a loss of 36 million. Overall, 2014 for Stm ended with revenues down to 1.823 million from 2.015 million.
In the first quarter of 2015 a contraction of revenues of around 5% is expected compared to the previous quarter: "Better than the usual seasonal evolution", underlines the president and CEO Carlo Bozotti.
These data push the title of Stm to Piazza Affari. At 9,40 am Stm gains 0,75%.
