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Stock Exchange: Astaldi is running on the sale of concessions

The Roman general contractor rushes to Piazza Affari, registering strong increases in the middle of the morning – Astaldi's prices are driven by the declarations of the company's top management on the process of divestment of the concessions, which will serve to reduce the company's debt.

Stock Exchange: Astaldi is running on the sale of concessions

In Piazza Affari, the spotlights are on Astaldi which, in mid-morning, recorded a 5% gain on the Stock Exchange, at 6,17 euros per share. The indications of the company's top management on the sale of some concessions, which would serve to reduce Astaldi's debt, currently around 1,1 billion euro, have given impetus to the actions of the Roman general contractor.

According to what was declared by the president of the group Paolo Astaldi, “the process of divestment of the concessions has started but it takes time. We have planned to complete the established sales between the end of this year and the middle of next”. Statements received very positively by analysts, according to whom it is an excellent signal from the Roman general contractor, and from the market. 

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