Independent journal on economy and transport policy
04:30 GMT+1
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Austal archivia second half of the year 2011 with a net loss of three million Australian dollars
US Navy has exercised the options for the construction of eighth and the ninth Joint High Speed Vessel
February 27, 2012
In the first semester of the fiscal year 2012 (period July-December the 2011) navalmeccanico group Australian Austal has totaled a net loss of 3,0 million dollars Australian (USA 3,2 million dollars) respect to a profit of 14,1 million dollars clearly Australian in the first semester of the fiscal year precedence. The Australian revenues are increased of 6.5% attesting to 267,4 million dollars while the Australian EBIT is diminished of 120% coming down to the value negative of 4,0 million dollars respect to a profit of 20,5 million dollars Australian in the period june-December of 2010.
The single American division Austal the USA has archived item the first semester of fiscal year 2012 with an increment of 62% of the revenues that are piled to USA 240,8 million dollars. The EBIT instead is diminished of 64% to USA 5,0 million dollars.
At the end last December the value of orderbook of the Australian group the era of 1,87 billion dollars regarding 1,2 billion at the end of 2010.
While Austal has announced that US Navy has exercised the options with the Australian group for the construction of eighth and of the ninth Joint High Speed Vessel (JHSV), units that take part of a program of construction of ten ships for a total value of beyond USA 1,6 billion dollars. Austal has specified that the value of the construction of the two ships is of about USA 321,7 million dollars.
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In the first semester of the fiscal year 2012 (period July-December the 2011) navalmeccanico group Australian Austal has totaled a net loss of 3,0 million dollars Australian (USA 3,2 million dollars) respect to a profit of 14,1 million dollars clearly Australian in the first semester of the fiscal year precedence. The Australian revenues are increased of 6.5% attesting to 267,4 million dollars while the Australian EBIT is diminished of 120% coming down to the value negative of 4,0 million dollars respect to a profit of 20,5 million dollars Australian in the period june-December of 2010.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
