Record numbers for the Tuscan airport system: passed the threshold of 7,5 million passengers for the first time (+3,9%). Pisa's Galilei airport is close to 5 million passengers (+3,8%) and Florence's Vespucci airport exceeds 2,5 million passengers (+3,9%).
This means positive results for the Toscana Aeroporti company, which today published the financial statements at 31 December 2016: consolidated operating revenues rose to over 120 million euros, up 5,7%. The consolidated gross operating margin (EBITDA) also grew: 29,3 million euros (+14,8%), while the EBITDA margin improved by 3,7 percentage points, going from 19,3% in 2015 to 23% in 2016. 16,1. Consolidated operating profit (EBIT): 30,7 million euros (+XNUMX%).
The group's net profit for the year was 9,8 million euro (+15,5%). Net of the aforementioned non-recurring capital gain and the related tax effect, the group's net profit improved by +36,4%. The company also has proposed a dividend of 0,498 euro per share (+17,5% compared to €0,424 in 2015), with a payout of 95%. Payment
of the dividend starting from 10 May 2017 through the detachment of coupon no. 11 on May 8, 2017 (record date May 9, 2017).
“Another particularly positive year is closing for Toscana Aeroporti – he said the President of Toscana Aeroporti Marco Carrai – with record results for both the Pisa and Florence airports. Results that could have been even more satisfactory if they hadn't been affected by an extraordinary number of over 1.000 cancellations and hijackings suffered by the Florence airport mainly due to adverse weather conditions, testifying to an infrastructure that is not adequate for passenger demand and the prestige of Florence and Tuscany in the world". “The 2 extra-EU connections launched in 2016 with Qatar and Russia combined with a first two-month period of 2017 that grew by 6,7%, allow us to look to 2017 with confidence”, concluded President Carrai.
