For the first half of this year, Ansaldo STS reported revenues of EUR 635.8 million, an increase of EUR 33.1 million compared to January-June 2016. The improved performance in USA and the rest of Europe has more than offset the decline in the Asia Pacific area, due to the final phase of some significant projects.
The company’s operating income (EBIT) stood at EUR 56.5 million, compared to EUR 48.1 million on 30 June 2016, mainly due to higher production volumes, a different mix of project progress in the two periods and higher costs for commercial investments. The net result reached EUR 42.8 million, an increase of EUR 15.5 million compared to June 2016.
The company attracted new orders amounting to EUR 652.7 million and has an order backlog of EUR 6,453.8 million.
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