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Atlantia, pressing on Tremonti against the rule on amortization times for state concessions

The motorway company will try to convince the superminister of the Economy to delete from the text of the financial maneuver the rule that modifies the amortization times of state concessions – The negative impact for the company would be 500 million.

Atlantia, pressing on Tremonti against the rule on amortization times for state concessions

Hours of hope for Atlantia. The motorway company expects to be able to convince the Government to once again put its hand to the financial manoeuvre. In this case it would be a question of canceling the rule that modifies the amortization times of state concessions. This was revealed yesterday afternoon by the group's managing director, Giovanni Castellucci, during a conference call with analysts and investors. For Atlantia, the approval of the regulation that fixes the amortization rate of concessions at 1% would lead to a negative impact equal to 500 million euros, 6% of the capitalisation. Meanwhile, Citigroup lowered its target to 15,5 euros from the previous 17,14 euros.

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