Autostrade Meridionali S.p.A.

Autostrade Meridionali S.p.A.

MMIL:AUTME
2.64
EUR
-0.02
(-0.75%)
11.38MMarket Cap
2013 Y
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
23.97
19.79
19.65
18.69
19.65
20.77
20.67
15.14
20.58
4.5
- -
- -
- -
- -
Basic EPS, GAAP
0.64
0.74
2.13
3.45
4.49
4.88
3.8
0.92
3.66
3.62
0.33
0.08
-0.1
- -
Free Cash Flow per Basic Share
-6.05
2.45
0.63
2.13
3.06
2.73
5.09
0.08
3.02
-5.32
-1.78
-0.03
-0.37
- -
Dividend per Share
- -
0.2
0.4
0.4
0.6
0.99
1.49
- -
0.5
33.59
3.47
7.15
- -
- -
Book Value per Share
25.03
25.6
27.34
30.41
34.32
38.18
40.49
41.47
44.63
14.45
11.29
4.17
4.07
4.17
Tangible Book Value per Share
25.02
25.6
27.34
30.41
34.32
38.16
40.48
41.46
44.62
14.45
11.29
4.17
4.07
4.17
Basic Weighted Avg Shares
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Sales/Revenue/Turnover
105
87
86
82
86
91
90
66
90
20
- -
- -
- -
- -
Operating Margin (%)
15.7
22.84
21.26
35.92
38.55
37.95
35.71
14.28
32.97
64.64
- -
- -
- -
- -
Depreciation Expense
1
1
1
- -
- -
1
1
1
1
- -
- -
- -
- -
- -
Net Income, GAAP
3
3
9
15
20
21
17
4
16
16
1
- -
- -
- -
Effective Tax Rate (%)
56.35
53.17
40.76
40.73
26.68
30.99
32.25
32.5
33.7
28
57.07
30.66
- -
- -
Profit Margin (%)
2.68
3.75
10.84
18.45
22.85
23.5
18.38
6.09
17.79
80.5
- -
- -
- -
- -
Working Capital
100
105
122
133
148
171
180
186
200
66
52
17
17
17
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
110
112
120
133
150
167
177
181
195
63
49
18
18
18
Return on Invested Capital (%)
2.06
2.54
2.92
4.63
6.47
6.35
4.97
1.66
4.46
6.6
2.31
-0.46
- -
- -
Return on Capital (%)
2.05
2.53
2.91
4.62
6.42
6.34
5
1.86
4.48
6.66
2.71
1.06
- -
- -
Return on Common Equity (%)
2.6
2.93
8.05
11.94
13.87
13.46
9.66
2.25
8.51
12.25
2.58
1
-2.55
- -

Capital Structure

EUR

•

in mil. unless spec.
Jun'17
Jun'24
Dec'24
ST Debt
258
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
104
12
11

Working Capital

EUR

•

in mil. unless spec.
Jun'17
Jun'24
Dec'24
Total Current Assets
450
26
27
Cash, Cash Equivalents & STI
401
23
24
Accounts Receivable, Net
21
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
311
10
10
Payables & Accruals
- -
- -
- -
ST Debt
258
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-10.36%
-29.49%
-2.51%
Free Cash Flow
448.84%
845.56%
1,049.65%
Net Income, GAAP
-10.45%
-21.47%
-236.2%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
- -
2024
- -
- -
- -
2025
- -
- -
- -

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.33
2024
- -
- -
0.08
2025
- -
- -
-0.1

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
3.47
2024
- -
- -
7.15
2025
- -
- -
- -

Company Description

CEO
Luigi Massa
Full Time Employees
3
Sector
Transportation
Industry
Other transportation
Address
Fuorigrotta Junction Naples NA Italy 80143
IPO Date
Jul 18, 1994
Business
Autostrade Meridionali S.p.A. is an Italian company primarily engaged in the design, construction, maintenance, and operation of transportation infrastructure, notably the A3 Naples-Pompei-Salerno motorway. The company’s core products and services included highway operation, management of parking spaces, and related infrastructure such as green areas, traffic signs, and station buildings. Autostrade Meridionali operated under a concession agreement specifically for the A3 motorway, serving 28 municipalities. The company is headquartered in Naples, Italy, and its main shareholder is Autostrade per l’Italia S.p.A. Since April 1, 2022, Autostrade Meridionali ceased to be the concessionaire for the A3 motorway. Following this, in April 2024, the company’s shareholders approved voluntary dissolution, and the company entered liquidation with a liquidator appointed. In recent years, the company has focused on liquidation activities, managing the winding-down process including settlement of debts and disputes. Despite its liquidation status, financial reports from 2024 and the first half of 2025 show a significant reduction in losses and improved financial positioning, with ongoing operational activities limited to liquidation management and administrative closure processes. Autostrade Meridionali’s principal industry segment is transportation infrastructure with a focus on motorway concessions and related network management services. Its geographic operations are chiefly within Italy, concentrated on the southern Italian region connected by the A3 motorway. The company was founded in 1954 and remains headquartered in Naples. Recent major changes center on its operational cessation as a motorway concessionaire, transition to liquidation status from 2024 onward, and the focus on financial reduction of liabilities and closure activities as it completes its corporate wind-down.