trending Market Intelligence /marketintelligence/en/news-insights/trending/kybZsBf8uHOo-ZczsGcjbQ2 content esgSubNav
In This List

Abertis Infraestructuras Q2 profit climbs 92.8% YOY

Blog

Europe: 5 key OTT trends to watch in 2022

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud


Abertis Infraestructuras Q2 profit climbs 92.8% YOY

Abertis Infraestructuras SA said its second-quarter normalized net income amounted to 25 euro cents per share, compared with the S&P Capital IQ consensus estimate of 24 cents per share.

EPS rose 92.1% year over year from 13 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €227.0 million, an increase of 92.8% from €117.8 million in the prior-year period.

The normalized profit margin increased to 17.2% from 10.8% in the year-earlier period.

Total revenue grew 21.0% on an annual basis to €1.32 billion from €1.09 billion, and total operating expenses grew 21.1% from the prior-year period to €740.1 million from €611.2 million.

Reported net income grew 115.3% on an annual basis to €269.6 million, or 30 cents per share, from €125.2 million, or 14 cents per share.