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Atlantia, 2014 profit grows: proposed dividend of 0,8 euro

Group profit is up 16% on 2013, with revenues exceeding 5 billion – Proposed to the shareholders' meeting a dividend of 0,8 euro per share (0,746 euro in 2013).

Atlantia concludes 2014 with a profit pertaining to the group of 740 million, up 16% compared to 2013. Consolidated revenues amounted to 5,083 billion, an increase of 20% compared to 2013. Last year, motorway traffic increased by 1% on the group's Italian network and by 3,9% on the foreign one.

The board therefore proposed to the shareholders' meeting a dividend of 0,8 euro per share (0,746 euro in 2013) with the distribution in May 2015 of a balance dividend of 0,445 euro per share which is added to the advance of 0,355 euro per share already distributed in November 2014.

The group benefited from the growth of passenger traffic of Rome Airports in 2014, by 6,4%, recording a gross operating margin (Ebitda) of 3,169 billion euros, up by 23% compared to 2013 (+7% at constant exchange rates and perimeter of consolidation). 

Group investments in 2014 amounted to a total of 1.100 million euros. The cash flow operating income generated in 2014 amounted to 2,079 billion euros, an increase of 25% compared to 2013 (+9% at constant exchange rates and the scope of consolidation). 

The Group's net financial debt at December 31, 2014 amounted to 10.528 million euros, down by 241 million euros compared to December 31, 2013. Even in the presence of a still weak European macroeconomic scenario, traffic performance on the network the Group's Italian motorway network demonstrates in recent months signs of "positive stabilization", underlines Atlantia in a note at the end of the board meeting. An overall growth in traffic volumes is being observed on the network of foreign concessionaires, despite the slowdown in Brazil due to the local economy. Aeroporti di Roma will also contribute to the results for 2015, which continues to see a marked increase of passenger traffic.

The shareholders' meeting for the approval of the draft financial statements is set for 23 April 2015 on first call and on April 24 2015 on second call. New authorization proposed for the purchase of treasury shares, subject to revocation of the 'current for the unexecuted portion.

Immediately after the publication of the accounts, around 14,40 pm, Atlantia shares were still trading at parity MY BAG, gaining 0,09% a €23,34 per share.

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