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.

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