Report
Mateo Salcedo

Mundys : A long but stable road

Mundys benefits from predictable cashflows as concessions have long-term durations. Growth is expected going forward supported by the strong pipeline and favorable regulatory environment with continued tariff increases normally above CPI levels. We forecast a steady free cashflow generation going forward albeit any significant M&A to increase the overall portfolio life may limit deleverage prospects. - >Support factors - - Mundys is a global leading infrastructure g...
Underlying
Atlantia S.p.A

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.

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
Mateo Salcedo

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