Enav closes semester with consolidated net profit of 23 million euros, up 25.3% over first half 2023 on total revenues at 461.3 million, up 5.7%.

A note from the air traffic management company says this, adding that with the half-year results it confirms the outlook for the full year.

Consolidated Ebitda was 99.9 million, up 5.5 percent from the first half of 2023, with an Ebitda margin of 21.6 percent.

Route traffic in Italy, expressed in service units, shows an increase of 10.9 percent in the first half of 2024 compared to the corresponding period of the previous year, compared to the average growth of 7.4 percent in France, Germany, Britain and Spain, the statement added.

"From a financial point of view, the Group is generating a significant volume of revenues with excellent margins. We have accelerated investments to strengthen our technological infrastructure, which is functional for the continuous improvement of air traffic management operational performance," commented CEO, Pasqualino Monti.

(Giancarlo Navach, editing Andrea Mandalà)