SIA: The Board Approves the 2016 Financial Statements
The Board of Directors of SIA, meeting under the chairmanship of Giuliano Asperti, has examined and approved the Draft Financial Statements at 31 December 2016.
In 2016, Group revenues rose to €468.2 million with a growth of €18.8 million (+4.2% ) over 2015. The Cards segment represents 51% of revenues, Payments segment 25% and the Institutional Services 24% .
In 2016 the gross operating margin increased to €124.9 million , up by €1 million (+0.8% ) and Ebit rose to €104.2 million , up by €3.7 million compared to the previous year (+3.7% ).
The pre-tax result was a profit of €103.7 million , up by €3.1 million (+3.1% ). Also the Group net profit rose to €70.3 million , an increase of €0.5 million (+0.8% ).
Consolidated normalised EBITDA , which does not take account of extraordinary events or transactions, amounts to €142.6 million compared to €130.4 million of the previous financial year (+9.4% ).
In 2016 the SIA Group handled overall the clearing of 12.2 billion transactions (+24% compared to 2015), 4.3 billion card transactions (+9.4%) and 2.8 billion payment transactions (+1.7%) relating to credit transfers and collections .
On the financial markets , the number of trading and post-trading transactions rose to 47.4 billion from 41.7 billion of 2015, an increase of 13.7%.
SIA handled a volume of traffic of 654.3 terabytes of data on the 160,000 km of the SIAnet network , an increase of 82.7% on 2015, with total infrastructure availability and 100% service levels .
Thanks to the results achieved in 2016, with a net profit of €69.8 million, and in the light of the objectives of growth and stabilization of profitability in the timescale set out in the three-year Strategic Plan, also taking account of the loans taken out to carry out the corporate transactions completed last year, the Board of Directors will propose to the Shareholders’ Meeting the distribution of an ordinary dividend for the 2016 financial year of €44.55 million corresponding to €0.26 per share (total 171,343,227 shares).
Filippo Fantasia - Valentina Piana
Tel. +39 02.6084.2833/2334
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
CELLTRION15.12.2017 23:15 | pressemeddelelse
Celltrion Receives Positive CHMP Opinion for Herzuma® for Trastuzumab Biosimilar
TAKEDA15.12.2017 13:36 | pressemeddelelse
Takeda and TiGenix announce that Cx601 (darvadstrocel) has received a positive CHMP opinion to treat complex perianal fistulas in Crohn’s disease
TWISPAY15.12.2017 13:23 | pressemeddelelse
Bitcoin Romania and Twispay Announce Integration Partnership Providing Users with the Ability to Purchase Bitcoin with Bank Cards
PEACE-FORUM15.12.2017 12:40 | pressemeddelelse
Upon Conclusion of the Fourth Annual Forum for Promoting Peace in Muslim Societies, Scholars and Intellectuals Visit the Louvre Abu Dhabi Museum
CA-KENNEDY-WILSON15.12.2017 12:02 | pressemeddelelse
Kennedy Wilson Acquires 124-Unit Northbank Apartments in Dublin, Ireland for €45 Million
NV-NAC-FOUNDATION15.12.2017 10:02 | pressemeddelelse
AML BitCoin Enters Phase II of ICO
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum