Building a better future together, staring with better performance
The completely renovated Milan Malpensa has reclaimed its role as a major intercontinental airport.
2017 is a watershed moment. The turnaround that began in 2015, returning Milan Malpensa to the role of intercontinental airport for Northern Italy, has resulted in a completely renovated airport that has welcomed back AirFrance and KLM, after 8 years of absence, and opened its doors to Ryanair. Such results give the resources we need to plan and implement a concrete strategy aimed at developing synergistically with our partners.
Today, we have the resources to implement a concrete sustainable development strategy.
The development path we have committed to integrates the essential objectives of making investments in knowledge skills, of safeguarding the well-being of our people and of protecting and promoting the territories in which we operate. This is an important and critical development path that we undertake together with all partners that participate in our business and benefit from our services.
|OPERATING RESULTS (in Euro thousands)||Year 2017||Year 2016|
|Discontinued Operations profit/(loss) (2)||1,556||(130)|
|Group Net Profit||84,070||93,619|
|BALANCE SHEET (in Euro thousands)||al 31 dicembre 2017||al 31 dicembre 2016|
|Net capital employed||900,055||905,193|
|Group Net Equity||391,154||375,264|
|Net financial debt||508,878||529,363|
|PERSONNEL||al 31 dicembre 2017||al 31 dicembre 2016|
|HDC Employees (at period end)||2,837||2,866|
(1) EBITDA is calculated as the difference between total revenues and total costs, excluding provisions and write-downs.
(2) The “Discontinued operations net result” includes the net result of the company SEA Handling SpA in liquidation, as per IFRS 5.
ECONOMIC VALUE GENERATED AND DISTRIBUTED