CET 20.24 Rome, 11 November 2021 – Today’s meeting of the Board of Directors of Atlantia SpA, chaired by Fabio Cerchiai, has approved the Atlantia Group’s results announcement for the nine months ended 30 September 2021 (“9M 2021”).
Atlantia ended the first nine months with EBITDA of €2.9bn, up €0.6bn (27%) thanks to
positive performance of motorway traffic (up 21%).
Improved outlook for 2021, with revenue of €6bn and operating cash flow of €2.4bn
expected.
Highlights for 9M 2021
- Motorway traffic up 21%, with recovery taking place in all countries (excluding traffic in Italy)
- Airport traffic down 5%
- Revenue of €4.6bn up 17%
- Operating cash flow of €2bn up 49%
- Capital expenditure of €0.7bn up 12%
- Net debt of €27.8bn down €2.9bn (9%) compared with 31 December 2020
- Atlantia SpA: profit for period of €1.3bn, reflecting gain of over €1bn on sale of 49% stake in Telepass and dividends from investees of more than €0.4bn. Net debt of €2.6bn down €1.8bn (41%)
- Moody’s places rating and outlook under review for an upgrade (currently Ba2)
- MSCI ESG Ratings upgrades sustainability rating from BB to BBB. Atlantia’s inclusion in FTSE4GOOD confirmed