Power generation N.1

More documents

Recommendations

Info

2005 Financial Statements: Ansaldo Energia looks ahead The General Shareholders’ Meeting of Ansaldo Energia approved the financial statements for 2005, which closed reporting net income of Euro 17,5m (2,3 from revenues), operating result at Euro 32.3m, a net financial position of Euro 214m and an order book amounting to about Euro 2,300m. In its press release issued after the board meeting which approved the draft financial statements for 2005, Finmeccanica drew attention to yet another improvement in operating result, representing a 95% increase on the previous year. As can be seen, successful management action to relaunch the company has driven constant economic and financial growth, with 2005 representing the fourth consecutive year of positive results. Equally important results, in line with earnings targets, were also achieved in other areas by Ansaldo Energia in the closed financial year. The first and most important achievement is an independent technology capability, with the termination by common agreement of the Siemens licence, so making Ansaldo Energia a competitor on equal footing with leading operators in the sector. A series of major commercial successes scored after the termination of the licence demonstrate that the company can look ahead with confidence in consideration of the satisfaction shown by important new customers. Another important result is service sector growth. The strategy adopted to drive development in the segment and qualify the company as one of the main Service Providers on the market, also embraces a plan to acquire small and medium players in order to supplement the competences already held by the company. Another important step forward in the development of Ansaldo Energia’s operating stance was the contribution of nuclear activities to a separate company, Ansaldo Nucleare. The aim of the operation was to improve the visibility of specific business activities and competences in a national and international scenario which is showing renewed interest in nuclear power, as well as to develop commercial development opportunities in four strategic segments: decommissioning, waste treatment, new plants and service activities. New orders worth a total of Euro 1,007m were booked in 2005, an increase on the previous year, including two 400 MW combined cycles for the Leinì and Napoli Levante power stations, complete with long term scheduled maintenance contracts, a repowering project for Moncalieri thermoelectric set 2 and the power island for a combined cycle power station to install in Spain. Euro milioni Euro millions Euro milioni Euro millions unità units 1200 1000 800 600 400 200 0 250 200 150 100 50 0 3000 2500 2000 1500 1000 500 0 This confirms Ansaldo Energia’s position as the leading supplier of plant on the Italian market, with 7,400 MW awarded in the fouryear period 2002-2005, or 51% of total orders issued. A number of important awards are also expected in 2006, with the finalization of agreements already stipulated for major new power stations which are now in the authorisation and funding stage. The order backlog of Euro 2,314m will saturate production capacity in all sectors in 2006. Supplier relations were also very good, with the signing of numerous collaboration agreements which have delivered mutually satisfying results. ORDINI ACQUISITI / ORDER ACQUIRED 848 905 POSIZIONE FINANZIARIA NETTA / NET FINANCIAL POSITION 53 56 676 79 937 80 1007 2001 2002 2003 2004 2005 214 2001 2002 2003 2004 2005 ADDETTI / EMPLOYEES 2805 2580 2540 2478 2270 2001 2002 2003 2004 2005 2
<strong>Power</strong> Generation Approvato il Bilancio Finmeccanica: cresce il settore energia news Il cda di Finmeccanica ha approvato i risultati di bilancio relativi all’esercizio 2005. Il valore della produzione, in linea con gli obiettivi di sviluppo del gruppo, è stato pari a 11.469 milioni di euro, in crescita di 2.311 milioni rispetto ai 9.158 del 2004 (+25%). Il risultato è dovuto essenzialmente al consolidamento del 100% di Agusta Westland e alle nuove attività acquisite da BAE Systems. In termini di crescita organica, gli incrementi più significativi derivano dall’Elettronica per la Difesa (+14%), dall’Aeronautica (+7%) e dall’Energia (+6%). I ricavi sono cresciuti del 24% attestandosi a 10.952 milioni di Euro. Il risultato operativo è stato pari a 735 milioni di Euro, con un incremento di 270 milioni (+58%) rispetto ai 465 milioni del 2004. La variazione è da attribuire per circa 100 milioni alla crescita organica e per i restanti 170 milioni al diverso perimetro di consolidamento. In termini di crescita organica il miglioramento è da attribuire all’andamento positivo dei settori Energia (+95%), Aeronautica (+42%), Elettronica per la Difesa (+23%) Elicotteri (+21%), Sistemi di Difesa (+15%). L’utile netto è stato pari a 396 milioni di Euro. Finmeccanica approves financial statements: energy sector grows The Board of Directors of Finmeccanica has approved the company’s financial statements for fiscal 2005. Value of production, in line with group development targets, amounted to Euro 11,469m, a rise of Euro 2,311m on Euro 9.158m in 2004 (+25%). This result is basically due to the consolidation of 100% of Augusta Westland and the new activities acquired from BAE Systems. In terms of organic growth, the most significant increases derive from Defence Electronics (+14%), Aeronautics (+7%) and Energy (+6%). Revenues rose 24% to Euro 10,952m. The operating result stands at Euro 735m, representing a Euro 270m increase (+58%) on Euro 465m in 2004. About Euro 100m of the change refers to organic growth and the remaining Euro 170m to the new consolidation area. The improvement in organic growth is attributable to the positive trend in Energy (+95%), Aeronautics (+42%), Defence Electronics (+23%), Helicopters (+21%) and Defence Systems (+15%). Net profit stands at Euro 396m. 3
Page 1 and 2: news Power Generation Nr. 01 nsaldo
Page 3: Power Generation Bilancio 2005: Ans
Page 7 and 8: Power Generation news Italian marke
Page 9 and 10: Power Generation news Confindustria
Page 11 and 12: Power Generation news “ Bisogna f
Page 13 and 14: Palette turbogas Power Generation n
Page 15 and 16: Italian Ambassador visits Cernavoda
Page 17 and 18: Power Generation news On February 9
Page 19 and 20: Power Generation A joint project fo
Page 21 and 22: Energy & news Power Generation news
Page 23: Energy & news Power Generation news

Power generation N.1

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?