H1 16 consolidated revenues (€2,243m; +€37m) grew 5.3% (+6% lfl) and operating margins improved: - EBITDA (€714m +€35m) up +10.4% (+7.4% lfl); - EBIT (€896m; +€31m) up 13.3% lfl with the help of the extension of the concessions in France, with a positive impact on depreciation and a positive comparison base since the H1 15 results were impacted by Arteris’s impairment and the provision related to the AP-7 traffic guarantee. - Adjusted net profit €510m,
29 Jul 2016
H1 16 good results, margin improvement, Q2 16 traffic slowdown
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H1 16 good results, margin improvement, Q2 16 traffic slowdown
Abertis Infraestructuras (ABE:BME) | 0 0 -0.2% | Mkt Cap: 19,273m
- Published:
29 Jul 2016 -
Author:
Myriam Cohen -
Pages:
3
H1 16 consolidated revenues (€2,243m; +€37m) grew 5.3% (+6% lfl) and operating margins improved: - EBITDA (€714m +€35m) up +10.4% (+7.4% lfl); - EBIT (€896m; +€31m) up 13.3% lfl with the help of the extension of the concessions in France, with a positive impact on depreciation and a positive comparison base since the H1 15 results were impacted by Arteris’s impairment and the provision related to the AP-7 traffic guarantee. - Adjusted net profit €510m,