Aeroporto Guglielmo Marconi di Bologna S.p.A.

Aeroporto Guglielmo Marconi di Bologna S.p.A.

9.40
EUR
-0.46
(-4.67%)
0.66EPS
14.13P/E
335.97MMarket Cap
Nov 13Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.66
3.04
3.18
2.74
3.16
3.46
2.06
2.01
3.86
4.73
5.24
5.69
6.07
Basic EPS, GAAP
0.19
0.21
0.31
0.44
0.5
0.58
-0.38
-0.19
0.86
0.46
0.68
0.69
0.66
Free Cash Flow per Basic Share
0.26
0.08
0.52
0.35
0.3
0.49
-1.18
-0.34
1.43
0.17
0.12
-0.35
-0.63
Dividend per Share
- -
- -
0.17
0.28
0.39
0.45
- -
- -
- -
- -
0.26
0.47
- -
Book Value per Share
3.48
4.45
4.58
4.75
4.81
4.93
4.55
4.37
5.24
5.7
6.11
6.33
6.27
Tangible Book Value per Share
-0.88
0.13
0.24
0.37
0.15
-0.01
-0.98
-1.18
-0.5
-0.56
-0.99
-1.59
-2.23
Basic Weighted Avg Shares
36
33
36
36
36
36
36
36
36
36
36
36
36
Sales/Revenue/Turnover
96
99
115
99
114
125
74
73
139
172
189
205
219
Operating Margin (%)
12.82
14.32
15.03
23.15
23.3
26.02
-21.67
-9.81
11.65
15.87
19.32
17.55
16.8
Depreciation Expense
7
7
8
9
9
11
11
11
14
12
13
15
16
Net Income, GAAP
7
7
11
16
18
21
-14
-7
31
17
24
25
24
Effective Tax Rate (%)
36.31
33.27
30.5
26.6
28.22
30.71
- -
- -
13.39
28.67
28.83
28.54
28.92
Profit Margin (%)
7.17
7
9.86
16.11
15.71
16.69
-18.3
-9.24
22.31
9.72
12.9
12.13
10.84
Working Capital
-15
32
9
3
-5
-9
11
-3
11
-12
-32
8
-19
LT Debt
18
31
25
19
15
13
70
64
48
21
22
96
94
Total Equity
126
161
166
172
174
178
165
158
189
206
221
229
227
Return on Invested Capital (%)
- -
5.35
6.03
8.39
9.23
11.02
- -
- -
12.95
7.44
9.95
8.28
8.82
Return on Capital (%)
- -
4.31
6.07
8.3
9.42
11.16
- -
- -
13.27
7.51
10.4
9
9.31
Return on Common Equity (%)
- -
4.86
6.94
9.48
10.39
11.85
-7.93
-4.17
17.92
8.45
11.45
11.05
10.76

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7
5
4
LT Borrowings
95
94
93
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
36
36
36
Market Capitalization
- -
- -
336

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
110
84
79
Cash, Cash Equivalents & STI
81
57
46
Accounts Receivable, Net
20
16
20
Inventories
1
1
1
Total Current Liabilities
102
85
98
Payables & Accruals
- -
- -
- -
ST Debt
7
5
4
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.81%
7.09%
3.56%
Free Cash Flow
-82.11%
-221.26%
-395.87%
Net Income, GAAP
-64.49%
-122.41%
1.66%
Sales/Revenue/Turnover
11.71%
26.27%
8.11%
Total Cash Common Dividend
- -
- -
78.41%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
34
53
51
51
189
2025
41
56
53
55
205
2026
48
63
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.2
0.24
0.14
0.68
2025
0.09
0.23
0.23
0.14
0.69
2026
0.07
0.22
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.26
2025
- -
- -
- -
- -
0.47
2026
- -
- -
- -
- -
- -

Company Description

CEO
Nazareno Ventola
Full Time Employees
649
Sector
Transportation
Industry
Other transportation
Address
Via del Triumvirato 84 Bologna BO Italy 40132
IPO Date
Jul 14, 2015
Business
Aeroporto Guglielmo Marconi di Bologna S.p.A. operates primarily as the sole airport operator for Bologna Airport, providing comprehensive airport management services. Its core products and services include airport passenger and cargo handling; management of airport infrastructure such as the runway, terminals, security, and parking facilities; commercial activities including retail, food and beverage outlets, and duty-free shops; and ancillary services like lost and found, ATMs, currency exchange, pharmacy, luggage wrapping, and VAT refund services. The company serves domestic and international passenger flights, including legacy, low-cost, and hub connections, with a strong presence across Europe and expanding routes to intercontinental destinations. Founded in 1933 and headquartered in Bologna, Italy, the company operates Bologna Airport as a key gateway to the Emilia-Romagna region and northern Italy. It targets airlines, passengers, cargo operators, and various commercial tenants within the airport. Recent major developments include strategic terminal renovations and expansions focused on passenger flow improvements; infrastructure enhancements such as a new multi-story parking facility with 2,000 spaces; runway upgrades facilitating intercontinental and low-cost carrier operations; and expansion of the Schengen area gates. In 2024-2025, the company undertook a record capital expenditure plan exceeding 50 million euros to modernize its facilities and launch new routes including a direct flight to Iceland and a partnership with Lamborghini promoting premium travel services. Additionally, it aims to achieve net zero carbon emissions by 2050 under its sustainability plan. Aeroporto Guglielmo Marconi di Bologna S.p.A. maintains its airport concession granted until 2046 by the Italian National Civil Aviation Authority (ENAC) and is publicly listed on the Milan Stock Exchange's STAR segment. Its focus on innovation, digitalization, predictive analytics, and sustainability forms part of its BLQ Innovability project. The company’s strategic approach emphasizes capacity increases, enhanced passenger experience, and connectivity growth, including new European hubs such as Warsaw. These initiatives position the airport as one of Italy’s most modern and functional aviation facilities while supporting strong passenger traffic growth, record financial performance, and increased operational capabilities in a dynamic aviation market.