Abertis released a strong set of full-year 2016 results. Results Group revenue reached €4,936m, up 13% yoy (+6.1% lfl) and 0.5% above consensus, while EBITDA increased by 20% (+8.5% lfl) and beat market expectations by 2% as it benefited from better cost control and efficiency plans (margin up 140bp). Finally, net profit reached €796m, up 13% (lfl) yoy, broadly in line with the €808m consensus. Traffic continued to grow in 2016. The uptrend continued in Europe, with increases o
01 Mar 2017
Strong full-year results
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Strong full-year results
Abertis Infraestructuras (ABE:BME) | 0 0 -0.2% | Mkt Cap: 19,273m
- Published:
01 Mar 2017 -
Author:
Edouard Enault -
Pages:
4
Abertis released a strong set of full-year 2016 results. Results Group revenue reached €4,936m, up 13% yoy (+6.1% lfl) and 0.5% above consensus, while EBITDA increased by 20% (+8.5% lfl) and beat market expectations by 2% as it benefited from better cost control and efficiency plans (margin up 140bp). Finally, net profit reached €796m, up 13% (lfl) yoy, broadly in line with the €808m consensus. Traffic continued to grow in 2016. The uptrend continued in Europe, with increases o