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    ABE   ES0111845014

ABERTIS INFRAESTRUCTURAS

(ABE)
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Italy's Atlantia reports 3 percent rise in H1 revenue ahead of Abertis tie-up

08/03/2018 | 11:29am EST

MILAN (Reuters) - Italian infrastructure group Atlantia, expected to gain control of Spanish motorway operator Abertis later this year, reported on Friday a 3 percent rise in first-half sales.

Passengers at its Rome airports rose 3.9 percent in the period, while those in Nice's were up 5.5 percent. Traffic was more subdued at motorways, up 0.6 percent across the group's Italian network.

Atlantia, which jointly took over Abertis with Spanish builder ACS and Germany's Hochtief in April, said it paid 21 million euros (£18.7 million) in financial costs for the deal.

Core profits in the period were barely unchanged at 1.74 billion euros.

(Reporting by Francesca Landini, editing by Giulia Segreti)


© Reuters 2018
Stocks mentioned in the article
ChangeLast1st jan.
ABERTIS INFRAESTRUCTURAS 0.00%End-of-day quote.-1.02%
ATLANTIA SPA 0.75% 17.4 Delayed Quote.-0.32%
HOCHTIEF AG -0.11% 71.34 Delayed Quote.0.48%
JUST GROUP PLC -0.88% 84.7 Delayed Quote.1.32%
WILL GROUP, INC. -2.35% 1246 Delayed Quote.-11.21%
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Managers and Directors
Francisco José Aljaro Navarro Chief Executive Officer & Executive Director
Marcelino Fernández Verdes Chairman
Carlo Bertazzo Director
Pedro José López Jiménez Director
Fabio Cerchiai Director