The board of Directors of ENAV approves the preliminary results at December 31, 2016

The Board of Directors of Enav S.p.A., held today under the chairmanship of Ferdinando Franco Falco Beccalli, approved the stand alone Financial Statements of the Company and the Consolidated Financial Statements of the Group at 31 December 2016.

The CEO Roberta Neri stated: This is a year of positive confirmations for Enav. Our first full year results in the year of our IPO, which Global Capital elected as „ECM Deal of the Year in Italy‟, confirm a growth in traffic and revenue which, together with a focus on efficiency and processes optimisation, determined a record profit for Enav. In 2016 we also confirmed our position among the best performers in Europe in terms of punctuality, and the bonus received is a testament to the quality of service delivered once again by Enav. We are also very satisfied by the results achieved in the non-regulated segment, where revenues increased 30% - paving the way for further expansion in the future. For the current year, we can reasonably expect further progress in revenues which, combined with our efficiency initiatives and optimal utilization of our technological assets, will contribute to a further improvement of our cash flow

Read the full financial results