Ansaldo STS Australia
Ansaldo STS Australia Pty Ltd
11 Viola Place, Eagle Farm, Brisbane QLD 4009 - Australia
Press Office
Phone +61 7 3868 9333 - Fax +61 7 3268 2136
A Finmeccanica Company
Ansaldo STS, listed on the Milan Stock Exchange, is an international leading technology company operating in the global Railway & Mass Transit Transportation business with the provision of traffic
management, planning, train control and signalling systems and services. It acts as lead contractor and turnkey provider on major projects worldwide. Ansaldo STS is headquartered in Genoa, Italy, and
employs over 4,200 people in 28 countries. In 2008, its revenues reached
1,106
M, with a gross operating margin of
118M and net profits of 77.6
M.
29 July 2009
Forecasts for 2009 revised up
The Board of Directors of Ansaldo STS chaired by Alessandro Pansa, has approved the
financial statements for the six months to 30 June 2009 and revised upwards and
approved some consolidated figures in its full-year forecasts.
Specifically:
New orders: EUR 1,700-EUR 1,900 million (previous estimate: EUR 1,300-1,500);
Order backlog at the end of the year: EUR 3,730-EUR 3,860 million (previous
estimate: EUR 3,330-EUR 3,460 million);
Net debt position: a positive balance of EUR 260-280 million, following the
payment of the 2008 dividend (previous estimate: a positive balance of EUR 210-
EUR 220 million);
Free operating cash flow: EUR 110-130 million (previous estimate: EUR 60-70
million).
The following forecasts remain unchanged:
Production revenues: EUR 1,110-EUR 1,180 million
EBITA margin (ROS): 10.6% or above.
Media Contact:
Anne Richardson, tel. +61 438 626 909
richardson.anne@ansaldo-sts.com.au
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