Toscana Aeroporti S.p.A.

Toscana Aeroporti S.p.A.

MMIL:TYA
17.75
EUR
-0.25
(-1.39%)
0.86EPS
21.69P/E
333.15MMarket Cap
Nov 05Next Earn
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
7.05
7.64
8.86
6.86
7.32
7.81
7.68
2.98
2.61
4.86
6.63
6.89
8.05
8.19
Basic EPS, GAAP
0.28
0.43
0.57
0.53
0.57
0.78
0.76
-0.67
-0.28
0.25
0.68
0.92
0.86
0.83
Free Cash Flow per Basic Share
0.32
0.38
0.31
0.4
-0.33
0.77
0.73
-2.36
-0.86
1.15
0.67
0.62
0.26
-0.06
Dividend per Share
0.19
0.09
0.46
0.43
0.5
0.54
0.71
- -
- -
0.38
0.39
0.39
0.4
- -
Book Value per Share
6.4
6.75
5.93
6.02
6.09
6.35
6.4
5.72
5.45
5.35
5.65
6.07
6.62
6.57
Tangible Book Value per Share
-0.91
-0.94
-2.4
-2.47
-2.78
-2.94
-2.99
-3.83
-4.71
-4.77
-4.87
-4.91
-5.42
-5.7
Basic Weighted Avg Shares
10
10
15
19
19
19
19
19
19
19
19
19
19
19
Sales/Revenue/Turnover
69
75
133
128
136
145
143
56
49
90
123
128
150
152
Operating Margin (%)
8.25
10.25
9.71
13.19
13.36
15.9
18.5
-40.59
-36.98
8.75
21.83
24.65
22.5
21.61
Depreciation Expense
4
4
8
9
9
10
11
10
10
10
10
10
10
10
Net Income, GAAP
3
4
8
10
11
15
14
-12
-5
5
13
17
16
15
Effective Tax Rate (%)
48.03
39.02
32.11
33.85
32.97
31.28
33.75
- -
- -
55.84
32.48
32.61
33.5
32.51
Profit Margin (%)
3.96
5.58
6.41
7.68
7.75
10.04
9.9
-22.46
-10.83
5.17
10.25
13.33
10.74
10.08
Working Capital
-4
5
-6
-12
-22
-33
-45
12
-15
-45
-64
-11
-10
-17
LT Debt
17
25
41
36
32
28
28
107
98
70
47
90
100
3
Total Equity
63
67
111
112
114
119
120
107
103
101
107
114
124
123
Return on Invested Capital (%)
3.57
5.16
6.46
6.69
7.29
9.44
8.78
- -
- -
1.27
7.67
9.67
9.8
16.44
Return on Capital (%)
3.73
4.97
7.42
6.65
7.05
9.38
8.59
- -
- -
2.58
7.5
10.49
9.78
16.42
Return on Common Equity (%)
4.4
6.48
9.6
8.82
9.36
12.6
11.92
-11.05
-5.05
4.65
12.34
15.68
13.64
13.08

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
1
LT Borrowings
- -
97
- -
LT Finance Leases
3
3
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
19
19
19
Market Capitalization
307
348
333

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
66
62
52
Cash, Cash Equivalents & STI
26
30
17
Accounts Receivable, Net
27
19
21
Inventories
- -
- -
- -
Total Current Liabilities
68
72
69
Payables & Accruals
- -
- -
- -
ST Debt
1
1
1
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.3%
3.15%
8.87%
Free Cash Flow
-129.06%
-80.66%
-57.49%
Net Income, GAAP
-17.69%
-9.42%
-5.84%
Sales/Revenue/Turnover
7.79%
26.19%
16.91%
Total Cash Common Dividend
- -
- -
2.19%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
23
37
43
25
128
2025
29
45
48
27
150
2026
32
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.34
0.39
0.23
0.92
2025
-0.05
0.35
0.44
0.12
0.86
2026
-0.09
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.38
- -
0.39
2025
- -
- -
- -
- -
0.4
2026
- -
- -
- -
- -
- -

Company Description

CEO
Roberto Naldi
Full Time Employees
406
Sector
Transportation
Industry
Other transportation
Address
Via del Termine No.11 Florence FI Italy 50127
IPO Date
Jul 16, 2007
Business
Toscana Aeroporti S.p.A. operates as the management company for Florence "Amerigo Vespucci" and Pisa "Galileo Galilei" airports in Italy, primarily engaged in airport ownership, operation, and related services. The company provides a comprehensive range of offerings including aviation business services such as air traffic management, aircraft handling, security, passenger assistance, embarkation and disembarkation, cargo handling; non-aviation ground services like ticketing, food and retail services, parking space leasing; and airport infrastructure construction and maintenance services. Founded in 1978 and headquartered in Florence, Toscana Aeroporti was formed through the 2015 merger of AdF (Florence Airport) and Società Aeroporto Toscano S.p.A. (Pisa Airport). It operates under two main business segments: aviation and non-aviation services. Toscana Aeroporti is a subsidiary of Corporación América Italia S.p.A. (CAI), itself controlled by Corporación América Airports S.A. (CAAP). In the recent strategic landscape, CAAP increased its indirect shareholding in Toscana Aeroporti by 15.6% in 2025, solidifying its position in the Italian airport market. Toscana Aeroporti is actively executing a long-term development master plan for Florence Airport that includes construction of a new state-of-the-art passenger terminal designed to increase annual passenger capacity to nearly 6 million by 2035, alongside realigning and extending the runway to accommodate modern aircraft. This redevelopment emphasizes sustainability and environmental impact reduction through LEED Platinum certification features such as integrated rooftop vineyards for insulation, solar photovoltaic panels, natural temperature regulation systems, and advanced water and energy efficiency technologies. The company targets both local and international passenger markets and cargo services, with a focus on enhancing multimodal connectivity in Tuscany. These recent expansions and ownership consolidation reflect Toscana Aeroporti's ongoing commitment to operational excellence, capacity enhancement, and sustainable growth in the Italian and European airport sectors. It delivers integral airport services across its two major Tuscan airports while advancing infrastructure projects aimed at improving passenger experience and regional connectivity.