Independent journal on economy and transport policy
11:33 GMT+1
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Italian Michele Mario Elia is the new managing director of FS
Marcello Messori is named president of the railway group
May 30, 2014
Marcello Messori is new president of the group Italian Ferrovie of the State. Michele Mario Elia is named managing director of the railway company and succeeds to Mario Moretti. The new board of directors named from the assembly of the society, as well as from Messori and Elia, is composed of Daniela Carosio, Vittorio Belingardi Clusoni, Giuliano Frosini, Gioia Ghezzi, Simonetta Giordani, Federico Lovadina and Wanda Ternau.
The assembly of FS Italian has approved of also the balance sheet on December 31, 2013 that for the sixth consecutive year it has been archived item with positive sign. The exercise has been shut with a profit clearly of 460 million euros regarding 381 million euros in 2012. The increase - it has explained the railway company - is determined on one side by the increment of the operating revenues, for the first time beyond 8,3 billion euros (+1.2% on data 2012), from the other from the decrease of the operating costs (6.299 million euros, -0,2%). The EBITDA has for the first time exceeded the threshold of the two billions of euro (+5.8% regarding 2012), with a Margin EBITDA to 24.4% (+1.1%). The EBIT has exceeded 800 million euros for the first time (818 million, against the 719 of end 2012), with a EBIT Margin to 9.8% (8.7% on December 31, 2012).
"The performance the 2013 and substantial realization of all the objectives of Industrial Plan 2011-2015, although dragging on of the national and international economic crisis - law in an Italian note of FS - the goodness of the distance of structural reorganization of the management, undertaken confirms since 2007. The strengthened solidity of Italian Railroads of the State represents the fundamental premise in order to make to reach to the group objectives, still more challengers, described in Plan Industrial 2014-2017, approved of last February and introduced the community financial institution on March 25, 2014".
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Marcello Messori is new president of the group Italian Ferrovie of the State. Michele Mario Elia is named managing director of the railway company and succeeds to Mario Moretti. The new board of directors named from the assembly of the society, as well as from Messori and Elia, is composed of Daniela Carosio, Vittorio Belingardi Clusoni, Giuliano Frosini, Gioia Ghezzi, Simonetta Giordani, Federico Lovadina and Wanda Ternau. 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
