Italian motorway operator SIAS sees rise in net profits to €508mn in 2012

Italian motorway operator SIAS saw a rise in net profits to €508 million (US$ 661.99mn) in 2012, from €180.6 million the previous year. The firm’s Ebitda was down by 14.7% to €558 million, while revenues decreased to €853 million, down by 0.8%, traffic dropped by 7.48% and road infrastructure investments amounted to €272 million. Sias's saw a reduction of €235 million in its net debt to €1.521 billion. The company has proposed an overall dividend of €273 million, corresponding to €1.2 per share.
March 15, 2013 Read time: 1 min
Italian motorway operator SIAS saw a rise in net profits to €508 million (US$ 661.99mn) in 2012, from €180.6 million the previous year. The firm’s Ebitda was down by 14.7% to €558 million, while revenues decreased to €853 million, down by 0.8%, traffic dropped by 7.48% and road infrastructure investments amounted to €272 million. Sias's saw a reduction of €235 million in its net debt to €1.521 billion. The company has proposed an overall dividend of €273 million, corresponding to €1.2 per share.

Related Content

  • AEM sets agenda
    April 24, 2012
    Construction machinery and equipment sales worldwide are predicted to be up by 14.7 % in 2011, according to the annual business outlook survey by the Association of Equipment Manufacturers (AEM).
    Read More
  • Manitou profits rise 22% in first half of 2012 - 10% full year growth forecast
    August 31, 2012
    Manitou Group’s (MG) operating profit rose by 22% to €31 million in the first half of 2012, compared to €25 million over the same period of 2011. The France-headquartered Group also saw its 2012 first half year revenue increase by 20% to €672 million, having recorded €562 million revenue in the first six months of the previous year. Meanwhile, MG net income was up 40% to €21 million in the first half of 2012, from €15 million over the same period of 2011.
    Read More
  • Engine builder Deutz bullish
    June 19, 2012
    Engine manufacturer DEUTZ claims record results for its latest financial year. The firm says that the 2011 financial year was one of the best in its history even though the global economy deteriorated, particularly in the second half of the year. The firm beat the forecast that it had made at the start of 2011 and revised upwards during the course of the year. Revenue rose by 28.6% to €1.53 billion, compared with €1.12 billion in the previous year. This set a new revenue record for the current corporate str
    Read More
  • M&T sees deals worth $666mn
    August 24, 2012
    Equipment deals worth some R$1.2 billion (US$666 million) were concluded during the recent M&T Expo 2012 in São Paulo, Brazil. The 8th International Trade Fair of Construction Equipment and 6th International Trade Fair of Mining Equipment, was the largest to date and was a showcase for product launches and innovations in equipment technology for the sector. Organisers, Sobratema (Brazilian Association of Technology for Equipment and Maintenance) say the figure at the “history-making edition” corresponds to
    Read More

Highlighted Content