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Astaldi SpA (AST.MI)

AST.MI on Milan Stock Exchange

5.61EUR
26 May 2017
Change (% chg)

€-0.09 (-1.58%)
Prev Close
€5.70
Open
€5.64
Day's High
€5.69
Day's Low
€5.53
Volume
446,524
Avg. Vol
604,144
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€6.71
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€3.18

Latest Key Developments (Source: Significant Developments)

Astaldi wins 171 mln euro railway contract in Poland in consortium
Monday, 15 May 2017 10:48am EDT 

May 15 (Reuters) - ASTALDI SPA ::WINS EUR 171 MILLION RAILWAY CONTRACT IN POLAND.65% OF THE CONTRACT VALUE PERTAINS TO ASTALDI.CONTRACT, AWARDED IN A JOINT VENTURE, IS FOR THE UPGRADE OF A SECTION OF THE N-7 WARSAW WSCHODNIA OSOBOWA-DOROHUSK RAILWAY LINE.THE PLANNED DURATION OF THE WORKS IS APPROXIMATELY TWO YEARS.  Full Article

Astaldi: about EUR 1 bln of new orders in Q1
Wednesday, 10 May 2017 12:09pm EDT 

May 10 (Reuters) - ASTALDI SPA ::THE TOTAL ORDER BACKLOG AMOUNTS TO OVER EUR 27 BILLION AT MARCH 31.APPROXIMATELY EUR 1 BILLION OF NEW ORDERS DURING Q1.  Full Article

Astaldi Q1 net profit up at EUR 25.1 mln
Wednesday, 10 May 2017 12:07pm EDT 

May 10 (Reuters) - Astaldi SpA ::Q1 NET PROFIT EUR 25.1 MILLION VERSUS EUR 23.9 MILLION YEAR AGO.Q1 REVENUE EUR 651.4 MILLION VERSUS EUR 632.6 MILLION YEAR AGO.THE 2017 GUIDANCE FOR ANNUAL GROWTH IN REVENUE IS IN LINE WITH 2016, AT APPROXIMATELY 5%.2017 MARGINS EXPECTED TO STABILISE AT BETWEEN 11% AND 12% FOR EBITDA, AND BETWEEN 9% AND 10% FOR EBIT.  Full Article

Astaldi wins in consortium contract in Romania for total EUR 600 mln
Wednesday, 3 May 2017 10:44am EDT 

May 3 (Reuters) - Astaldi SpA ::As part of a joint venture, has been awarded the contract in Romania for the rehabilitation of the Frontieră-Curtici-Simeria railway line, called lot 3.The value of the contract is approximately EUR 600 million ($654.36 million) of which 49.5 pct pertaining to Astaldi.The planned duration of the works is three years.Astaldi will undertake the works in joint venture with the Spanish companies FCC (leader, with 49.5%) and Convensa (1%).  Full Article

Astaldi collects minimum guaranteed payments on two concession projects in Turkey
Friday, 28 Apr 2017 07:19am EDT 

April 28 (Reuters) - Astaldi SpA ::The SPVs of two concession projects in Turkey have collected the minimum guaranteed revenues for the first operation period ended Dec. 2016.The 2016 guaranteed minimum payments for the Third Bosphorus Bridge amount to about EUR 173 million ($188.57 million) .The 2016 guaranteed minimum payments for the Gebze-Orhangazi-Izmir Motorway amount to about EUR 218 million.This is the final financial stage relating to the two concession assets and allows these projects to be considered in full operation.  Full Article

Astaldi wins two contracts in Turkey in joint venture
Tuesday, 11 Apr 2017 10:17am EDT 

Astaldi SpA : In a joint venture, it has been awarded two new contracts in Turkey . 627 million euro ($665.50 million) EPC contract for a section of Istanbul underground . Works for Istanbul underground to be performed by the Astaldi group (15 pct stake) in a joint venture with Makyol (29 pct), Ictas (28 pct), and Kalyon (28 pct) . BOT contract for 392 million euros in total investment for a motorway in the province of Izmir in a joint venture in which Astaldi has 33 pct stake .The construction activities for the motorway in province of Izmir will be performed with IC Ictas (34 pct) and Kaylon (33 pct).  Full Article

Astaldi updates 2017-2021 business plan, targets 2018 revenue of EUR 3.6 bln
Wednesday, 5 Apr 2017 10:27am EDT 

Astaldi SpA : Targets 2018 revenue about 3.6 billion euros ($3.84 billion) . Targets 2021 revenue about 4.6 billion euros . Targets 2018 EBITDA margin of about 11 pct . Targets 2021 EBITDA margin of about 10 pct .Targets net debt at end 2018 of about 900 million euros and at end 2021 of about 400 million euros.  Full Article

Astaldi as part of joint venture receives new contracts in Romania
Monday, 3 Apr 2017 11:08am EDT 

Astaldi SpA : Says as part of a joint venture it has been awarded two new contracts in Romania . Says total value of works to be performed equals about 776 million euros, and Astaldi's share is 42 pct .The Customer is Romania’s National Railway Company.  Full Article

Astaldi FY net profit down at EUR 72.5 million
Tuesday, 14 Mar 2017 12:44pm EDT 

Astaldi SpA : FY net profit 72.5 million euros ($77.13 million) versus 80.9 million euros year ago . FY total revenue 3.00 billion euros versus 2.85 billion euros year ago .Proposes dividend of 0.2 euros per share.  Full Article

Astaldi sells its 27.3 pct stake in Chacayes Hydroelectric plant in Chile
Thursday, 9 Mar 2017 02:16am EST 

Astaldi SpA : Signs the agreement for the sale of its stake in the concessionary company of Chacayes Hydroelectric plant in Chile . Stake was sold to Pacific Hydro Chile, owner of the remaining 72.7 pct and the Chilean unit of the Chinese group SPIC Overseas . Astaldi's stake was equal to 27.3 pct and was valued at about $44 million, including the subordinated loan .The agreement envisages that the transaction's closing will take place by March 31.  Full Article

More From Around the Web

Italy's Astaldi eyes Argentine infrastructure buildout

SANTIAGO, May 25 Italian infrastructure company Astaldi is looking to expand into Argentina, the company's chairman said on Thursday, as it vies for contracts in a massive government infrastructure push.