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Enav, plan to 2022: investments at 650 million, dividend +4% per year

The company estimates that it will maintain a cost development trend over the 2018-2022 period that is lower than the inflation rate, such as to be able to reach an EBIT margin in the 17-18% range in 2022.

Enav, plan to 2022: investments at 650 million, dividend +4% per year

Investments of approximately 650 million over the next 5 years and an annual growth of the dividend of 4%, starting from the 2018 dividend, equal to 101 million euros. The Board of Enav has approved the 2018-2022 business plan which provides for a low single-digit increase in net revenues with the component of revenues from non-regulated activities which will amount, in 2022, to around 35 million euro, also considering the opportunities growth related to UAV traffic management, with an average annual growth of over 20%.

The company estimates that it will maintain a cost development trend over the 2018-2022 period that is lower than the inflation rate, such as to be able to reach an EBIT margin in the 17-18% range in 2022.

The investments, reads the press release, "self-financed, aimed at the development and implementation of new technological platforms, the education and training of its personnel and the modernization and transformation of certain infrastructures preparatory to the transition to the new operating model, including the start of work on the new control center in Milan, the gradual conversion of the center of Brindisi, and subsequently Padua, into a hub for the management of remote towers and the construction of the same remote towers at the airports".

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