trending Market Intelligence /marketintelligence/en/news-insights/trending/lPsz7w9Oo8OgG8hx7SbXcg2 content esgSubNav
In This List

Atlantia Q1 profit climbs 18.0% 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


Atlantia Q1 profit climbs 18.0% YOY

Atlantia SpA said its normalized net income for the first quarter came to 19 euro cents per share, compared with the S&P Capital IQ consensus estimate of 19 cents per share.

EPS climbed 22.0% year over year from 15 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €149.8 million, a gain of 18.0% from €126.9 million in the prior-year period.

The normalized profit margin increased to 13.2% from 11.4% in the year-earlier period.

Total revenue grew on an annual basis to €1.13 billion from €1.11 billion, and total operating expenses grew year over year to €721.0 million from €692.0 million.

Reported net income declined 74.2% from the prior-year period to €32.0 million, or 4 cents per share, from €124.0 million, or 15 cents per share.