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

  • Volvo CE looks strong on healthy orders
    January 31, 2018
    Volvo Construction Equipment (Volvo CE) reports a strong performance for the fourth quarter of 2017. This helped its parent company, the Volvo Group, achieve the highest sales and operating income in its history. Improved competitiveness coupled with growing demand, especially in Asia, boosted Volvo CE’s performance in sales, operating income, and order intake.
    Read More
  • Illinois sets road maintenance budget
    November 2, 2016
    Illinois tollway has outlined its budget plans for 2017. The agency expects toll revenues to hit US$1.38 billion for 2017. The plans in the tentative budget call for 75% to be directed to develop infrastructure. Some $336 million will be used for operations and maintenance while $639 million will be used for capital investments. The combined figures planned in the tentative budget for operations and maintenance and capital investments represent an increase of $14 million over the combined sum for 2016. A
    Read More
  • Volvo CE bullish
    May 4, 2012
    Swedish-based firm Volvo Construction Equipment (Volvo CE) reports stronger-than-expected increases in demand from customers in Europe and North America. The firm says that this performance has helped boost third quarter sales. Steady sales in many markets having a positive impact on financial performance. Net sales in the three months of July-September rose by 18% to US$2.28 billion, compared with $1.94 billion in the same period last year and when adjusted for currency movements, net sales increased by 27
    Read More
  • Chile’s urban motorways generated profits of US$113.21mn in 2012
    April 12, 2013
    Urban motorways generated profits of US$ 113.21 million (CLP 53.46bn) in Chile in 2012 - 105% higher than 2010, and 52% higher than 2011. The country’s urban motorways also generated revenues of $523.755 million (CLP 246.06bn) in 2012, 14% higher than 2010. An increase of 23% in car sales between 2010 and 2012 is thought to be behind these excellent results.
    Read More

Highlighted Content