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Ansaldo STS SpA Lowers FY 2013 Revenues Guidance; Appoints New Chief Financial Officer

Monday, 4 Nov 2013 11:46am EST 

Ansaldo STS SpA announced that the Board of Directors approved the financial forecast for the 2013 fiscal year, expecting revenues to be in between EUR 1,250 million and EUR 1,280 million. The previous estimate was in between EUR 1,250 million and EUR 1,350 million. The reduction of the revenues range, is due to the impact of Euro conversion of the foreign currency book values, subject to consolidation. According to I/B/E/S Estimates, analysts on average are expecting the Company to report for fiscal year 2013 revenues of EUR 1,300.41 million. Ansaldo STS SpA also announced that Roberto Carassai will take the place of Christian Andi as the new Chief Financial Officer (CFO) for the Company as well as the Manager in charge of financial reporting pursuant to Article 154-bis of Legislative Decree No. 58/1998 with effect from November 5, 2013. 

Company Quote

0.04 +0.54%
11:30am EDT