Press Release

CET 7.28 - Rome, 11 March 2022 – Today’s meeting of the Board of Directors of Atlantia SpA, chaired by Fabio Cerchiai, has examined and approved Atlantia’s Integrated Annual Report for 2021, which includes the separate and consolidated financial statements and the consolidated non-financial report for 2021. The documents will be published within the deadline established by the relevant statutory requirements, together with the Board of Statutory Auditors’ opinion and the results of the audit currently in progress.  

Highlights for 2021

Operating and financial performance beats expectations

•    Motorway traffic up 21%, with recovery in all countries (down 4% vs 2019)
•    Airport traffic up 28% (down 68% vs 2019)
•    Revenue €6.4bn (up 22% vs 2020)
•    EBITDA €4bn (up 31% vs 2020)
•    Consolidated loss of €0.5bn following impairment losses of €0.8bn. Profit attributable to the owners of the parent group of €0.6 billion, including the result of the Autostrade per l'Italia group of €0.9 billion
•    Operating cash flow (FFO) €2.9bn (up 65% vs 2020) 
•    Capital expenditure €1bn (up 14% vs 2020)
•    Net financial debt €30bn (down €3.8bn vs 2020) 
•    Atlantia SpA: net profit of €1.2bn primarily reflects gain on sale of 49% stake in Telepass for over €1bn. Net financial debt of €2.6bn (down €1.8bn vs 2020)
•    Dividend restored: proposed dividend of €0.74 per share, with payment on 25 May 2022

ESG performance progressing across all areas of commitment

•    Positive social and environmental performance from the Group, with progress in line with the targets set for 2023
•    Planet - direct C02 emissions down 14% (down 24% vs 2019), in line with the goal of achieving net zero by 2040 set in the Climate Action Plan (CAP) for all Group companies
•    People – Group employs a growing number of women who now account for 39% (up 1%) of total workforce of 20 thousand and 29% of management (up 2%); training is up 40% per capita with over 600 thousand hours provided (an average of 30 hours per employee)
•    Wealth creation – Economic value created for the benefit of stakeholders up 19% to €7.4bn, in line with the performance of the total return for shareholders (TSR of 18.6% in 2021)

Annual General Meeting (“AGM”)

•    The AGM to approve financial statements for 2021 and distribution of profit for the year called for 29 April 2022 
•    The AGM will also be requested to deliberate on: the election of Atlantia’s Board of Directors, following determination of the number of members, and the Chair; Directors’ remuneration; the Remuneration policy; the Share Incentive Scheme 2022-2027; and the Climate Action Plan.