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    AIRPORT   MYL5014OO005

MALAYSIA AIRPORTS HOLDINGS BERHAD

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Malaysia Airports Berhad : EU Commission approves Italy's airport support scheme

07/26/2021 | 12:21pm EDT

BRUSSELS, July 26 (Reuters) - The European Commission on Monday approved Italy's 800 million euro state aid scheme to compensate airports and ground-handling operators following the impact of the COVID-19 pandemic on travel.

The compensation, in the form of direct grants, covers the period of March 1 to July 14, 2020.

"Airports are among the companies that have been hit particularly hard by the coronavirus outbreak," the Commission's Executive Vice-President Margrethe Vestager said in a statement.

"This 800 million euro scheme will enable Italy to compensate them for the damage suffered," she said.

The Commission, the EU competition enforcer, has enabled more government aid since March 2020 to make it easier for companies hit by the COVID-19 pandemic to receive support. (Reporting by Robin Emmott; Editing by Giles Elgood)


ę Reuters 2021
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Financials
Sales 2021 1 767 M 422 M 422 M
Net income 2021 -862 M -206 M -206 M
Net Debt 2021 4 236 M 1 012 M 1 012 M
P/E ratio 2021 -13,0x
Yield 2021 0,01%
Capitalization 11 283 M 2 693 M 2 695 M
EV / Sales 2021 8,78x
EV / Sales 2022 4,13x
Nbr of Employees 9 693
Free-Float 78,2%
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Technical analysis trends MALAYSIA AIRPORTS HOLDINGS BERHAD
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 6,80 MYR
Average target price 6,68 MYR
Spread / Average Target -1,71%
EPS Revisions
Managers and Directors
Mohammad Shukrie bin Mohammad Salleh Group Chief Executive Officer
Mohamed bin Rastam Shahrom Group Chief Financial Officer
Zambry Abd Kadir Non-Independent Non-Executive Chairman
Yiang Ming Lee Chief Information Officer
Nor Azlina Binti Mohammad Isa Head-Technical Services