ASTALDI- Miss on YE net debt, continuing uncertainty over capital increase and assets disposal
Astaldi, the Italian engineering company, reported yesterday its 4Q17 results. A mixed trading performance was secondary to the lack of apparent progress on the capital increase and the missing of the company’s target for net financial debt.
Astaldi is an infrastructure construction group based in Italy. Co. is engaged in the development of works in the field of infrastructure and civil engineering. Co.'s activities include the construction of railway, road and air transport infrastructures, energy production plants and civil and industrial construction, as well as management of transport infrastructures, car parks, hospitals and renewable energy facilities. Co. manages and coordinates resources using the “turnkey” formula, from design through to organizing funding and constructing and managing projects. Co. operates throughout the whole of Italy and Eastern Europe, South America, the United States, Africa and the Middle East.
Spread Research is France's first Rating Agency, registered by ESMA (European Securities and Markets Authority) and a leading European Independent Credit Research firm, founded in 2004 and based in Lyon, France. Our experienced team offer key research services using a wide range of investment strategies and research methodologies for the High Yield, Emerging Markets, Convertibles and Loan Markets.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.