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  3. SIA closed 2017 with revenues of €44.5 million
Industry news

SIA closed 2017 with revenues of €44.5 million


20 April 2018 Milan
Reporter: Jenna Lomax

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Image: Shutterstock
SIA closed 2017 with revenues of €403.4 million and a net profit of €63.4 million.

The group’s revenues rose to €567.2 million and saw a increase of 34.6 percent in dividend compared to the ordinary dividend distributed in 2017, equal to €59.9 million.

According to SIA, the achievement of these results was made possible due to the quality of the solutions offered and the absolute reliability in the management of ‘mission-critical’ infrastructures.

Last year, the shareholders received ordinary dividends of €44.5 million, equal to €0.26 for each of the 171,343,227 shares.

In 2017, SIA Group handled the clearing of 13.1 billion payments, an increase of 7 percent compared to 2016.

On the financial markets, the number of trading and post-trading transactions rose to 56.2 billion from 47.4 billion in 2016, an increase of 18.8 percent.

SIA has also appointed Roberto Giacchi as a member of the board of directors, replacing Marco Siracusano who tended his resignation. In addition, SIA also confirmed the appointment of Giacomo Riccitelli as another board member.
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