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An announcement from Toscana Aeroporti S.p.A. ( (IT:TYA) ) is now available.
Toscana Aeroporti S.p.A. reported record-breaking results for 2024, with passenger traffic exceeding 9 million for the first time and significant financial growth. The company’s operating revenues rose to €108.9 million, and the EBITDA reached a historic high of €46.2 million. The net profit increased by 30.1% to €17.1 million, and net financial debt was reduced. These achievements underscore the company’s robust business model and strategic infrastructure projects, such as the Pisa terminal expansion and Florence Master Plan, which are crucial for future growth.
More about Toscana Aeroporti S.p.A.
Toscana Aeroporti S.p.A. operates in the aviation industry, managing the airports of Florence and Pisa. The company is listed on the Euronext Milan of Borsa Italiana S.p.A. and focuses on passenger and cargo air traffic, with Italy, the United Kingdom, and Spain as key markets.
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €301.5M
For an in-depth examination of TYA stock, go to TipRanks’ Stock Analysis page.