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 maintains strong position
    July 20, 2022
    Volvo CE is maintaining its strong financial position.
    Read More
  • EU funding boosts Slovakia’s transport links
    October 31, 2012
    Slovakia is benefiting from strong European investment in its transport infrastructure. For the 12 month period up until 30th September 2012, the country benefited from the use of EU funds worth €920.5 million. This amount was used for projects within the Operational Programme Transport (OPD) and came from the overall allocated sum of €3.12 billion. Co-financing from the state budget stood at €211.5 million and represented 33.75% of the overall sum of €626.6 million. The finances used from the EU Cohesion F
    Read More
  • US machine manufacturers hit hard by global downturn in construction
    November 30, 2015
    The latest report from the US-based Association of Equipment Manufacturers, AEM, makes for sobering reading. For the first six months of 2015, US exports of construction equipment dropped by 17% compared with the same period in 2014. The US manufacturers have been hit doubly, first by a tough international market and secondly by the high value of the US Dollar.
    Read More
  • JCB announces record profit in 67-year history
    January 6, 2017
    JCB has announced the best results in its 67-year history with earnings reaching a new record. While turnover for 2012 remained virtually unchanged at £2.7 billion, profit rose by £10m to £365m on an earnings before interest, taxes, depreciation, and amortisation (EBITDA) basis.
    Read More

Highlighted Content