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

  • Caterpillar reports slight sales dip for full year 2014
    February 16, 2015
    Global construction equipment manufacturer Caterpillar reported full-year 2014 sales $55.184 billion, down from $55.656 billion in 2013. Caterpillar also reported fourth-quarter 2014 sales of $14.244 billion, again slightly down at 1% from $14.402 billion in the fourth quarter of 2013. The results and a continued weak to modest improvement has dampened Caterpillar’s expectation of increased sales for 2015, likely to be around $50 billion. “Overall, we had many positives and a better year in 2014 than 2013,”
    Read More
  • Bad weather impacts Colas profits, but revenues up 4%
    August 29, 2012
    Unfavourable weather conditions are said to have been the main cause of Colas Group’s €19 million net loss in the first six months of 2012, compared to a €2 million net profit over the same six-months of 2011. However, the leading French transport infrastructure suppliers achieved a 4% increase in consolidated turnover to €5.6 billion between January 1 and June 30, 2012, against 5.4 billion over the same period the previous year.
    Read More
  • Asfinag to invest US$1.28bn in Austrian roads during 2013
    January 25, 2013
    Austrian state-owned motorway operator Asfinag says it will invest US$ 1.28 billion (€960mn) in motorways and highways in 2013. This includes $466.65 million for maintenance. The rest is for new roads and extensions of existing ones. A total of $9.19 billion will be spent between now and 2018. The company said that its debts will rise from $15.73 billion to $15.99 billion. One focus will be on improving the safety of tunnels. Asfinag will also make an effort to avoid construction-related traffic jams.
    Read More
  • Volvo CE sees slide in Chinese sales but growth in developed markets
    July 18, 2014
    Volvo Construction Equipment has seen sales in China fall, while its performance in the developed markets of North America and Europe has improved. The company has seen sales drop 9% for its second quarter results as improvements in North America and Europe fail to compensate for weak demand from China. The 25% improvement in North America and 11% improvement in Europe, compared to the same period in the year before, has been a cause for optimism. Net sales in the second quarter fell 9% to US$2.144 billion
    Read More

Highlighted Content