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4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Ansaldo STS    STS   IT0003977540

ANSALDO STS (STS)
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Ansaldo STS : Network Rail Ferriby – Gilberdyke re-signalling scheme UK contract awarded to the consortium Ansaldo STS / Linbrooke Services Ltd

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02/10/2016 | 06:17pm CEST

Genoa, February 10th, 2016

  • Ansaldo STS and Linbrooke Services Limited have been awarded the contract worth £34.5 million (£15.15 million for Ansaldo STS and £19.35 million for Linbrooke) relating to the re-signalling of the line with computer based interlocking technology.
  • The CBI technology will be implemented to upgrade the 7 main stations served along the 35 miles between Ferriby and Gilberdyke.

After its successive implementations on High Speed One and Cambrian Lines, Ansaldo STS's interlocking technology has been selected for the Network Rail project to re-signal and upgrade the line from Ferriby to Gilberdyke (county of North Humberside). The re-signalling contract has been awarded to the consortium of Ansaldo STS and Linbrooke Services Limited.

Within the scope of the contract, Ansaldo STS will lead the consortium and be responsible for the SEI CBI signalling system design and supply and the axle counter system design, supply and integration.

Linbrooke will deliver the signalling and power construction works, the telecommunications system design and construction and will be the overall UK Tester in Charge.

The project begins in February 2016 and is due to be commissioned in March 2018.

With this new and exciting project, the consortium is proud to support its partner Network Rail in the development of a more interoperable and sustainable railway network in the UK.

Ansaldo STS S.p.A. issued this content on 10 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 10 February 2016 17:16:20 UTC

Original Document: http://www.ansaldo-sts.com/en/arc/press/network-rail-ferriby-gilberdyke-re-signalling-scheme-uk-contract-awarded-consortium

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Financials (€)
Sales 2017 1 435 M
EBIT 2017 141 M
Net income 2017 92,0 M
Finance 2017 397 M
Yield 2017 1,49%
P/E ratio 2017 24,78
P/E ratio 2018 23,75
EV / Sales 2017 1,31x
EV / Sales 2018 1,22x
Capitalization 2 280 M
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Mean consensus HOLD
Number of Analysts 2
Average target price 10,8 €
Spread / Average Target -5,3%
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Managers
NameTitle
Andrew Barr Chief Executive Officer & Director
Alistair Dormer Chairman
Christian Andi Chief Operating Officer
Roberto Carassai Chief Financial Officer
Mario Garraffo Director
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