Ansaldo STS S.p.A. reported consolidated earnings results for the quarter ended March 31, 2018. Revenue was EUR 318.5 million compared to EUR 299.1 million a year ago. EBIT Adjusted was EUR 26.2 million compared to EUR 25.9 million a year ago. Operating Income (EBIT) was EUR 26.2 million compared to EUR 25.9 million a year ago. Net Result was EUR 21.5 million compared to EUR 20.0 million a year ago. Profit per share (Basic and Diluted) was EUR 0.11 compared to EUR 0.10 a year ago. Cash flow used in operating activities was EUR 19.9 compared to EUR 8.4 a year ago. Negative Free Operating Cash Flow was EUR 22.3 million compared to EUR 11.0 million a year ago.

The company expects tax rate for the whole 2018 year is a range between 25% and 30%.