Thursday, May 7, 2015 - 08:45

Ansaldo STS group recognised a profit of €17.7 million for the first quarter of 2015, compared to €14.0 million for the corresponding period of 2014. Revenue came to €284.6 million, up on the first quarter of 2014 (€263.1 million), and ROS was 8.4%, compared to 8.2% in the first quarter of 2014.

More specifically:

New orders totalled €347.1 million compared to €146.9 million for the first quarter of 2014; the order backlog amounted to €6,428.4 million (€5,446.3 million at 31 March 2014 and €6,120.8 million at 31 December 2014).

Revenue came to €284.6 million, up by €21.5 million on the €263.1 million of the first quarter of 2014. The increase is due to a different mix as a result of the volume of new contracts acquired in recent years.

Operating profit (EBIT) came to €23.8 million, compared to €21.6 million in the first quarter of 2014. The €2.2 million increase is due to larger volumes. ROS rose to 8.4% compared to 8.2% in the corresponding period of the previous year.

The profit for the period came to €17.7 million (€14.0 million for the corresponding period of 2014).
The group’s net financial position increased from -€293.4 million at 31 December 2014 to -€342.5 million.

Research and development expenditure recognised in profit or loss amounted to €8.6 million, up from the €6.2 million expenditure recognised in the corresponding period of the previous year.

The group’s headcount decreased by a net 119 employees to 3,797 from 3,916 at 31 March 2014 and 3,799 at 31 December 2014.