Sensational result of the auction for Large Retail Stations. Antin-Borletti won the tender with an offer worth a total of 953 million (761,5 million in equity and 191,5 million in debt). The offer of the consortium made up of the French fund and the Italian entrepreneur, which combines skills both in the infrastructure and in the retail sector, has thus surpassed, according to what has been learned, those of Altarea equal to 806,5 million, of Lone Star equal to 800 million and Deutsche Bank equal to 744,5 million. In the evening, the deadline for the verification of the financial guarantees is set, while the award is expected after the board of directors of FS and Eurostazioni (respectively shareholders of Grandi Stazioni with 55% and 45%) within a maximum of 10 days.
Grandi Stazioni Retail, after the spin-off, is the company in charge of the redevelopment of the 14 major Italian stations (Milan Central, Turin Porta Nuova, Genoa Brignole and Genoa Piazza Principe, Venice Mestre and Venice S. Lucia, Verona Porta Nuova, Bologna Centrale, Florence SM Novella, Roma Termini, Roma Tiburtina, Napoli Centrale, Bari Centrale and Palermo Centrale). It manages the activities related to the economic exploitation of commercial spaces, media & advertising, luggage storage, toilets.
The group is controlled 60% by Ferrovie dello Stato and 40% by Eurostazioni, a company divided between Sintonia dei Benetton, Vianini Lavori of the Caltagirone group and Pirelli (each with 32,71%) on one side and a small 1,87% stake in the hands of the French SNCF Participations.
The company closed the first quarter with operating revenues up 15% to 55,4 million and an EBIT up 35% over the three months to 8,1 million euros. Quarterly net income stood at 4,5 million (+48%). The net financial position grew (also due to seasonal factors) to 198,5 million with a ratio of equity of 1,15.
