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

  • Deutz achieves 40% new orders value increase in Q1 2013
    May 8, 2013
    Deutz has revealed a 40% increase in its new orders during Q1 2013 compared to the previous trading quarter. The Cologne, Germany-based diesel engine manufacturing giant said the significant new order rise represented a continuation of an encouraging trend that emerged in Q4 2012. New orders for Deutz were worth €388.5 million in the first quarter of 2013, compared to new orders valued at €276.6 million in Q4 2012. The new order value for Q1 2013 was also in line with the €390 million reported for Q1 2012.
    Read More
  • Wacker Neuson’s strong growth in third quarter
    November 8, 2019
    The Wacker Neuson Group reports strong growth in its business activities in its third quarter for 2019. There was a double-digit rise in revenue to €467.2 million, a growth of 12.4% over the €415.8 million recorded for the same period in 2018. However the EBIT ratio was slightly below the result for the previous year at €40.2 million, a drop of 4%. The firm says that this growth was fuelled by significant gains in all three reporting regions. Group revenue for the first nine months of the year amounted t
    Read More
  • Volvo CE reports dip in machine sales
    October 30, 2012
    Volvo CE reports a drop in machine sales of 9% in the third quarter as market demand drops. The company says that it is facing a weakening total market, which was down 11% in the year to August. This has also been combined with increased price competition and has put pressure on its third quarter sales and earnings. The company says it has reacted quickly to a slowing global market by slowing the rate of production in its factories and reducing the number of machines held in stock at its dealerships. This
    Read More
  • Cummins reports strong performance for first quarter
    May 3, 2023
    Cummins is reporting a strong performance for first quarter of 2023.
    Read More

Highlighted Content