MILAN--(BUSINESS WIRE)--The Board of Directors of SIA, meeting under the chairmanship of
Giuliano Asperti, has examined and approved the Draft Financial
Statements at 31 December 2015.
In 2015, Group revenues rose to €449.4 million with a growth of €23.1 million (+5.4%) over 2014. The Cards segment represents 49% of revenues, Institutional Services 26% and the Payments segment 25%.
Also on the rise in 2015 was the gross operating margin which reached €123.9 million with an increase of €1.3 million (+1.1%) and the EBIT which was €100.5 million, €2.7 million higher than the year before (+2.7%).
Net profit also rose to €69.8 million, growing by €4 million (+6.2%).
Another highlight is the improvement in the net financial position which climbed to €108.7 million with an increase of €33.2 million (+44%).
In 2015, the Group handled the overall settlement of 9.9 billion transactions (+7.7% compared to 2014), 3.3 billion card transactions (+11.2%) and 2.8 billion payment transactions (+3.6%) relating to credit transfers and collections.
On the financial markets, the number of trading and post-trading transactions rose to 41.7 billion from the 30.2 billion of 2014, an increase of 38%.
SIA handled a volume of traffic of 358 terabytes of data on the 180,000 km of the SIAnet network, a rise of around 10% on 2014, with total infrastructure availability and service levels of 100%.
Thanks to the results achieved in 2015, the Board of Directors will propose to the Shareholders’ Meeting the distribution of an ordinary dividend for the financial year 2015 of €49.69 million corresponding to €0.29 (+38% compared to 2014) for each of the 171,343,227 shares.
In addition, SIA set in motion the plan for a listing in the Mercato Telematico Azionario (“MTA”), organized and managed by Borsa Italiana S.p.A., which it is expected could take place by the close of 2016.
The complete press release at this link: https://www.sia.eu/en/media-events/news-press-releases/sia-the-board-approves-the-2015-results-plan-for-stock-market-listing-set-in-motion
SIA is European leader in the design, creation and management of technology infrastructures and services for Financial Institutions, Central Banks, Corporates and Public Administration bodies, in the areas of payments, e-money, network services and capital markets. SIA Group provides its services in over 40 countries, and also operates through its subsidiaries in Hungary and South Africa.