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RSS FeedsAbertis` net profit totalled EUR130Mn in the first quarter, up 13% in like-for-like terms
(WorldNews Spain)

 
 

26 april 2017 09:43:39

 
Abertis` net profit totalled EUR130Mn in the first quarter, up 13% in like-for-like terms
(WorldNews Spain)
 


A solid set of first-quarter results: revenue totalled EUR1,281Mn (+18% year-on-year) and EBITDA amounted to EUR807Mn (+13%). Traffic increased by 2.3% between January and April, a period comparable with the previous year as it includes the effects of the Easter week holiday. Especially noteworthy were the traffic increases in Spain (+6%) and Chile (+6.4%). Road safety: particular improvements in Puerto Rico, Chile and especially in Spain, where the number of accident fatalities fell by 75%. Efficient balance sheet management: the net debt/EBITDA ratio decreased from 4.4x in 2016 to 4.2x in the first quarter of 2017. Investments in the first quarter of the year totalled EUR1,278Mn. Shareholder...


 
7 viewsCategory: General > Europe > Spain
 
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