March 7, 2014 / 6:48 PM / 3 years ago

Italy's Ansaldo STS says 2013 net profit drops, dividend unchanged

MILAN, March 7 (Reuters) - Italian rail technology company Ansaldo STS said on Friday that consolidated net profit fell 1.2 percent to 75 million euros ($104 million) in 2013, and that it planned to pay the same dividend as the year before.

The Genoa-based company, which is 40 percent owned by state-controlled aerospace and defence group Finmeccanica , said it would propose to pay a dividend of 0.16 euros per share during a shareholders' meeting on April 15.

Ansaldo STS said last week it received orders worth about 1.484 billion euros in 2013, broadly in line with the 2012 level.

$1 = 0.7214 euros Reporting by Isla Binnie; Editing by Pravin Char

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