“In the next 5 years we will invest in Italy further 5 billion euros with Autostrade per l'Italia it's about 2,5 billion with Aeroporti di Roma, but the strategic objective is also to grow on the international front by increasing the Ebitda achieved by international businesses compared to 25% of the total to date”. This was announced today by Atlantia's CEO, Giovanni Castellucci, as he illustrated today in London the group's development strategies and growth objectives for the coming years.
“Atlantia wants accelerate growth in international markets – he added – aiming at valuable assets in the motorway and airport sectors while maintaining its roots and above all the investment plans in Italy”.
The economic-financial objectives for the four-year period 2016-2020 - reads a note from the group - envisage revenues growing from the current 5,5 to 6,8 billion euros, an increase of theebitda of the Group by about 7% on average per year, the distribution of dividends up 10% every 12 months and a financial debt/ebitda ratio down from 3,2 to 2,4.
Atlantia specifies that the targets envisaged for 2020 for the various operating sectors of the group identify, in particular, an EBITDA growth of 4% on average per annum for Italian motorways and 11% for foreign ones, to which the further contribution may be added of Spmar in Brazil if the group exercises the call option on the latter's capital. Ebitda is expected to increase by an average of 7% per year for Aeroporti di Roma.
Furthermore, Atlantia is preparing for an organizational reorganization of the Group which will see the creation in 2017 of a structure divided into 4 industrial platforms:
1) "Italian highways”, with Autostrade per l'Italia (Aspi) which will play the role of operating parent company and will continue to hold the controlling interests in the other Italian motorway companies of the group;
2) "Foreign highways”, which today include the equity investments in Grupo Costanera and Los Lagos in Chile, Atlantia Bertin Concessoes in Brazil and Stalexport in Poland, control of which will be transferred from Autostrade per l'Italia to Atlantia;
3) "Airports”, with Aeroporti di Roma (AdR) and Aeroports de la Cote d'Azur, a company for which the bidding consortium made up of 75% by Atlantia was selected as the provisional contractor by the French Government within the privatization procedure initiated by the State ;
4) "Other related businesses”, which in addition to Pavimental and Spea Engineering will also include Telepass and Etc, control of which will be transferred from Autostrade per l'Italia to Atlantia.
