Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Atlantia SpA
  6. News
  7. Summary
    ATL   IT0003506190


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Atlantia : Italy antitrust probes Atlantia's motorway unit for not cutting tolls

07/21/2021 | 08:30am EDT
FILE PHOTO: A view of the Autostrade per l'Italia headquarters

MILAN (Reuters) - Italy's competition watchdog said on Wednesday it was investigating Atlantia's motorway unit Autostrade per l'Italia (ASPI) for failing to lower tolls, as previously requested by the regulator, on routes where traffic has been impacted by maintenance works.

The antitrust was focusing on the December 2019-January 2021 period and the company has reduced or scrapped tolls on routes under maintenance since 2020, ASPI said in a statement in response to the opening of the inquiry.

The highway operator said this decision over tolls had led to a revenue drop of 77 million euros ($90.64 million) for the company over 2020-2021.

The watchdog had already fined the motorway operator 5 million euros in March for not cutting the tolls for highway sections "with considerable traffic problems" due to road works, it said in a statement.

The company, which manages around 3,000 km of Italy's motorway network, said it was also developing a new cashback system - the first in Europe - which would reimburse travelers who have experienced delays.

The new project still needs to be finalised with the Transport Ministry and would be presented to the regulator too, it added.

($1 = 0.8503 euros)

(Reporting by Maria Pia Quaglia, editing by Giulia Segreti and Bernadette Baum)

ę Reuters 2021
All news about ATLANTIA SPA
08/03ENEL S P A : To Develop Innovative Solutions With Aeroporti di Roma
07/21ATLANTIA : Italy Investigates Atlantia Unit for Allegedly Failing to Lower Highw..
07/21ATLANTIA : Italy antitrust probes Atlantia's motorway unit for not cutting tolls
07/17PARTNERS : agrees to buy 75% of Italy's EOLO
07/15ATLANTIA : Publication of Information Document for related party transactions of..
07/15ATLANTIA : Italy Signs Contract With EU To Launch Carrier On Oct. 15
07/08ATLANTIA : Board resolves not to exercise co-investment right to acquire 3.4% st..
07/07Atlantia considers Hochtief stake non-strategic and may sell it -sources
07/07MARKET CHATTER : Atlantia In Talks To Sell Hochtief Stake
07/07Atlantia Reportedly Considers Hochtief Stake Non-Strategic and May Sell It
More news
Sales 2021 9 635 M 11 424 M 11 424 M
Net income 2021 258 M 305 M 305 M
Net Debt 2021 38 213 M 45 310 M 45 310 M
P/E ratio 2021 49,7x
Yield 2021 4,18%
Capitalization 12 237 M 14 508 M 14 510 M
EV / Sales 2021 5,24x
EV / Sales 2022 4,64x
Nbr of Employees 29 373
Free-Float 25,8%
Duration : Period :
Atlantia SpA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ATLANTIA SPA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 13
Last Close Price 14,95 €
Average target price 18,32 €
Spread / Average Target 22,6%
EPS Revisions
Managers and Directors
Carlo Bertazzo Chief Executive Officer, Executive Director & GM
Tiziano Ceccarani Chief Financial Officer
Fabio Cerchiai Chairman
Guglielmo Bove Executive VP, Head-Group Compliance & Security
Nicola Bruno Head-International Administration