Ansaldo STS reported consolidated and parent earnings results for the year ended December 31, 2017. For the period, on consolidated basis, the company's revenue of €1,361.0 million, an increase compared with the previous year's value of €1,327.4 million (2.5%). The revenue increase is due to the greater progress of the projects in Americas and Middle East, partially offset by the decrease following the achievement of the final phase of some contracts in Asia Pacific area and Italy. Operating income (EBIT) was €100.8 million compared €126.8 million for the same period a year ago. Net profit was €64.9 million or €0.32 per share compared to €77.9 million or €0.39 per share for the same period last year. Cash flow generated by operating activities was €50.1 million compared to €53.7 million a year ago. EBIT Adjusted was €100.8 million compared €126.8 million for the same period a year ago.

For the period, the company's revenue of €824.8 million compared to €830.0 million a year ago. Operating income (EBIT) was €52.9 million compared €60.7 million for the same period a year ago. Net profit was €72.0 million compared to €145.9 million the same period last year. Cash flow generated by operating activities was €46.5 million compared to €32.4 million a year ago. EBIT Adjusted was €52.9 million compared €60.7 million for the same period a year ago.

The Board of Directors of the company according to company's performance and market outlook, unanimously approved the 2018 Guidance. Revenue expected to be in a range of EUR 1,350 to 1,450 million. Tax rate will be in the range of 26% and 30%.