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FS posts record profit in 2016 (2)

772 mn euros, 66.4% up on 2015

Redazione Ansa

(changes Autostrade to ANAS, 2nd graf).
    (ANSA) - Rome, April 21 - Ferrovie dello Stato (FS) railway group posted a record profit of 772 million euros in 2016, 66.4% up on the previous year, CEO Renato Mazzoncini said Friday.
    "We are very satisfied", Mazzoncini said as the groups said it would pay out a dividend of 300 million euros. Last week the government gave the green light to FS merging with motorway construction and maintenance company ANAS to rev up business while remaining two autonomous units.
   

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