The Q1 results were driven by good traffic in Spain (+6.1%), France (+2.3%), Italy (+2.2%) and Brazil (+3.1%). Revenue and EBITDA were both up by +7% lfl. Cash flow reached €547m, up +6.7% yoy. The group now controls 90% of its Italian subsidiary. Regarding the takeover, Abertis reminded that the Spanish stock market commission (CNMV) has authorised the modification of the characteristics of the offer tendered by Hochtief. As a result, the acceptance period has been extended until 8 May.
26 Apr 2018
Q1 18: solid growth driven by good traffic figures
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Q1 18: solid growth driven by good traffic figures
Abertis Infraestructuras (ABE:BME) | 0 0 -0.2% | Mkt Cap: 19,273m
- Published:
26 Apr 2018 -
Author:
Felix Brunotte -
Pages:
3
The Q1 results were driven by good traffic in Spain (+6.1%), France (+2.3%), Italy (+2.2%) and Brazil (+3.1%). Revenue and EBITDA were both up by +7% lfl. Cash flow reached €547m, up +6.7% yoy. The group now controls 90% of its Italian subsidiary. Regarding the takeover, Abertis reminded that the Spanish stock market commission (CNMV) has authorised the modification of the characteristics of the offer tendered by Hochtief. As a result, the acceptance period has been extended until 8 May.