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
company Autostrade to rev up business while remaining two
autonomous units.
ALL RIGHTS RESERVED © Copyright ANSA