Samedi, 11 Février 2012
0.50% 0.07€
|
IBEX 35 8,797.10
-1.18% -105.00
Good traffic performances on Abertis’ international toll road network, solid cash flow generation and growth of Abertis Telecom shape the Group’s results in the first half of 2010.
- The Group’s businesses remain strong cash generators: cash flow before investments and dividends increased by 11.2% to €772Mn.
- 50% of revenues and 47% of EBITDA come from outside Spain. 74% of revenues come from the toll road business, while the remaining 26% is split between telecommunications infrastructures (15%), airports (7%), car parks (4%) and logistics parks (1%), whose combined weight in the Group remains unchanged.
- Traffic figures for abertis' toll road network was stable from the year’s first quarter, with ADT of 21,704 (-0.7%).
- Traffic of heavy vehicles on abertis’ network increased (+0.9% yoy in 1H10 and +2.2% yoy in 2Q10) for the first time in the last two years.
- 95% of the Group's total debt is long term (compared to 92% at June 2009), of which 82% is at fixed rates. The average cost of debt is 4.5% (4.6% at June 2009).
- Traffic on Sanef’s toll road network in France rose 1.6%. Stripping out the negative impact of the strike in two days of June (now over), traffic would have increased by 2.4%. Traffic at the rest of abertis’ international concessionaires (Chile, Argentina and Puerto Rico) rose 3.5%, while in Spain it declined by 4.8%, though this was far better than the 9.8% plunge recorded in the first six months of 2009.
- Toll road revenues in 1H10 amounted to €1,449Mn (+7%).
- abertis telecom sustained its strong pace of growth in the year’s first half, while Saba’s car parks and the airport business of abertis airports also posted growth in revenue.
Contenu uniquement disponible en anglais. Nous nous excusons de ce désagrément.
Plan du site |
Politique de sécurité
