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Finmeccanica affiliate Ansaldo STS FY net up 27.3 pct on higher sales, margins
02.13.08, 11:26 AM ET
MILAN (Thomson Financial) - Ansaldo STS SpA, in which Finmeccanica SpA owns 40 pct, said its full year net profit rose 27.3 pct to 58.3 mln eur, supported by higher sales and margins.
EBIT rose 17.3 pct to 100.3 mln eur from a year earlier, and output value rose 5.5 pct to 973.1 mln, it said, confirming outline results last month.
EBIT margin rose to 10.3 pct in the full year from 9.3, including 12.2 pct in the fourth quarter, against 11.8 a year earlier, it said.
nigel.tutt@thomson.com
nt/lam
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