FIRST NINE MONTHS FOR ASTALDI: NET PROFIT UP BY 1.6% TO EUR 61.4 MN. NEW ORDERS TOTALLING EUR 4.2 BN

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The Board of Directors of Astaldi S.p.A. met today, chaired by Paolo Astaldi, to approve the consolidated results of Astaldi Group at 30 September 2013. The Board of Directors also approved the calendar of corporate events for 2014 which is attached hereto for further reference. Stefano Cerri, the Group’s Chief Executive Officer, reported the following: “The Group is now making the utmost effort to guarantee financial support for production regarding projects in the start-up phase on the one hand, and concession investments on the other. A reduction in the level of debt related to said effort is envisaged as from the end of 2013, thanks to the twin-fold effect of the sale of mature assets and improvement of the normal cash-flow of new projects that will have completed the start-up phase.”

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Last updated: Jul 11 2016