Atlantia : The recovery continues in Q1 but that is not the real issue
>EBITDA misses expectations but net profit comes as a nice surprise - Atlantia released its consolidated Q1 2022 results yesterday, having already published the results for Abertis (which now accounts for over 80% of group EBITDA). Revenue increased by 13% y-o-y to € 1,491 m, missing the consensus (€ 1,576m). Motorway traffic is now well above its 2019 levels (2.3%, boosted by Latin America, while Atlantia’s European traffic is still below its 2019 level), but airport...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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