Atlantia released a good Q1 trading update, marked by a solid performance in the toll roads activities although partly offset by adverse calendar effects. Key highlights Revenue up 9.4% to €1.3bn (Toll +5%, Aviation +30%), in line EBITDA up 9% to €785m, vs €780m consensus Net income up 7% (+10% lfl), to €176m, vs €172m consensus Italian traffic +2.9% ytd Oversea traffic +3.7% (restated) ADR traffic up 2.4% ytd On 21 March, net debt stood at €11,351m, down €3
15 May 2017
Solid quarterly results amidst M&A bustle
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Solid quarterly results amidst M&A bustle
- Published:
15 May 2017 -
Author:
Edouard Enault -
Pages:
3
Atlantia released a good Q1 trading update, marked by a solid performance in the toll roads activities although partly offset by adverse calendar effects. Key highlights Revenue up 9.4% to €1.3bn (Toll +5%, Aviation +30%), in line EBITDA up 9% to €785m, vs €780m consensus Net income up 7% (+10% lfl), to €176m, vs €172m consensus Italian traffic +2.9% ytd Oversea traffic +3.7% (restated) ADR traffic up 2.4% ytd On 21 March, net debt stood at €11,351m, down €3