Atlantia : Q1 results unsurprisingly marked by the coronavirus
>Q1 2020: sales and EBITDA above forecasts but earnings negative - Yesterday evening, Atlantia reported Q1 2020 earnings which were, unsurprisingly, impacted by the coronavirus crisis (impact estimated at € 375m on Q1 sales).Sales came in at € 2,210m, down -14.7% beating the consensus forecast of € 2,130m. All activities were down, notably the Italian airports (-28.3% in Q1 2020 / traffic -33.3%), Italian motorways (-18.8% in Q1 2020 / traffic -20.7%) strongly im...Atlantia is a holding company with subsidiaries and associates whose business is the construction and operation of motorways, airports and transport infrastructure, parking areas and intermodal systems, or who engage in activities related to the management of motorway or airport traffic.
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.
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