Ansaldo STS SpA reported consolidated earnings results for the half year ended June 30, 2017. For the period, the company reported revenue of EUR 635.8 million compared to EUR 602.7 million reported in the previous year. Operating income (EBIT) was EUR 56.5 million compared EUR 48.1 million for the same period last year. Net profit is EUR 42.8 million or EUR 0.21 per share compared to EUR 27.3 million or EUR 0.14 per share for the same period last year. Cash flow used in operating activities was EUR 47.1 million compared to EUR 11.8 million a year ago. The improved performance of revenue 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. Return on sales (ROS) is 8.9% compared to 8.0% in the same period of the previous year.

For the full year 2017, the company expects orders of EUR 1,500 to EUR 1,200 million, order backlog of EUR 6,500 to EUR 7,000 million, revenue of between EUR 1,350 to EUR 1,450 million and return on sale of between 9.4% to 9.8%.