20 de marzo de 2014 / 7:19 / en 4 años

Salini Impregilo aims to double core profit by 2017

MILAN, March 20 (Reuters) - Salini Impregilo said it aimed to more than double its core profit and boost its margin on sales by 2017 as Italy’s biggest builder unveiled its targets under a new strategy plan.

In a statement, Salini Impregilo, which was formed in January following a merger, said earnings before interest and tax (EBIT) should rise to around 500 million euros ($696 million) in 2017 from a proforma of 234 million euros in 2013.

Over the life of the plan the company expects annual orders of more than 7 billion euros, down from 8.6 billion euros in 2013.

Its net financial position should turn positive at around 500 million euros at end-2017 compared to a net debt of 332 million euros at end-2013.

The company said it was confident about plans to increase the number of shares freely tradeable on the market through a capital increase. ($1 = 0.7189 Euros) (Reporting by Danilo Masoni)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below