Ansaldo STS is a public company listed on the Milan Stock Exchange (the Italian Stock Exchange), included in the STAR segment and listed on the FTSE Italia Mid Cap, with subscribed and paid in capital amount to €100,000,000.00 represented by 200,000,000 ordinary shares from the nominal value of €0.50 each. Ansaldo STS is a leading company operating in the sector of high technology for railway and urban transport. The Company operates in the design, implementation and management of systems and services for signalling and supervision of railway and urban traffic, as well as lead contractor.

Ansaldo STS is headquartered in Genoa, Italy  and has over 3,951 employees in 28 different countries. The Fifty-one percent of the share capital is held by shareholder Hitachi Rail Italy Investments.

Ansaldo STS considers the social, economic, logistics, architectural, environmental and structural context of each project it handles, planning, designing and building signalling and railway and mass transit systems that provide the best possible combination of safety, efficiency and return on investment.

Global Presence

The company is present in: Central and Eastern Europe and the Middle East, Western Europe and North Africa, the Americas, Asia and the Pacific.


Presenza globale


The company operates worldwide as lead contractor, system integrator and supplier "turnkey" of the most important projects of mass transportation in metro and urban railways.
The various Legal Entities included in the company perimeter play activities in the fields of traffic management and control of trains, production of signalling systems and maintenance services, in the interests of efficiency and safety over time for both clients and for end users.

Main results 2016 

New orders amount to 1,475.8 million compared with 1,336.0 million in 2015, with an increase of 10.5%.

Order Backlog is 6,488.4 million compared with 6,410.4 million of last year (+1.2%).

Revenue is EUR 1.327,4 million, decreased compared with the previous year’s value of EUR 1.383,8 million (-4.1%). The revenue decrease is due to shift to 2017 of some new orders and the completion of significant contracts in Asia Pacific region, which has been only partially compensated by the volumes realized on contracts acquired in the last years.  

Operating income (EBIT) is EUR 126.8 million, a decrease of 6.6% compared with 2015 (135.5 million). Return on sales (ROS) is 9.6%, decreased compared with the previous financial year (9.8%). The reduction in operating income is mainly due to lower revenues, compensated by the better mix of the projects in the period, to the final settlement of the arbitration findings with the Russian customer on the Libyan contract (EUR 8.1 million) and to the transaction costs associated with the resignation of strategic managers (EUR 2.4 million).

Net invested capital at December 31st  2016 is EUR 369.8 million, compared with EUR 316.4 million in the previous year.

Net working capital is EUR 102.5 million (64.5 million in 2015) mainly due to a reduction on progress payments and advances from customers.

Net Financial Position (positive net cash), amounts to EUR (338.0) million in line with 2015 EUR (338.7) million with the Free Operating Cash Flow at EUR 37.9 million compared to EUR 87.7 million in 2015. As regards the FOCF and the NFP to be highlighted that, in October 2016, the Company reimbursed the Russian client ZST with its share of the advance payment, in addition to legal expenses and accrued interests up to the return date (37.4 million).

The group’s headcount increased by a net 179 employees to 3,951 from 3,772  at 31 December 2015.