Report
Chaima Ferrandon

AENA : 2022-2026 strategic plan: traffic and results slightly ahead of our scenario

>AENA upgrades its traffic scenario - At the CMD held in Madrid yesterday, AENA’s management presented its strategic plan for the period 2022-2026, as validated by the board on 25 October. As expected, AENA has upgraded its traffic scenario. For 2022, the group now expects traffic to be at 87% of the 2019 level, vs >85% expected previously (guidance revised upwards at the Q3 release at end-October), our estimate of 87% and the consensus of 86%. It also upgraded its sc...
Underlying
Aena SME SA

Aena SME SA, formerly Aena SA, is a Spain-based company primarily engaged in the airports operation. Its activities are divided into four segments: Airports, which comprises Aeronautical subdivision, responsible for the management of airports, jetways, security, handling, cargo and fuel services, among others, as well as Commercial subdivision, including duty-free and specialty stores, restaurant services, car rental, as well as banking services and advertising; Services outside the terminal, which manages real estate assets, such as parking lots, warehouses and lands; International, which comprises operations of Company's subsidiary, Aena Desarrollo Internacional SA, that invests in other airport owners principally in Mexico, Colombia and the United Kingdom; and Others, encompassing corporate activities. It manages tourism, hub and regional airports, as well as heliports and general aviation areas. Furthermore, its destination range comprises Europe, the Americas, Asia and Africa.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Chaima Ferrandon

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