Atlantia : CMD largely unsurprising. Neutral rating maintained
>Confirmation of the strategy post Aspi - After reporting largely unsurprising definitive results last Friday, Atlantia held an investor day to confirm its strategy and to detail its 2024 guidance. After carrying out the € 2bn share buyback programme (already approved) and financing the Yunex acquisition (€ 950m), the group will still have close to € 5bn of capital to deploy (the proceeds from the sale of Aspi are close to € 8bn). The priority is still growing it...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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