Abertis’ turnover increased by 25% in 2013 to reach €4.65 billion
The profits of Barcelona-based Abertis, a world leader in the toll road management sector, dropped by 39.8% in 2013 compared to 2012 figures. However, the company emphasised that both years are “not comparable” since profits were particularly high in 2012 due to the capital gains from selling corporate shares. If those operations were not taken into account, the recurring profit would have indicated a 6.5% growth. However, the Catalan multinational’s net profit amounted to €617 million in 2013, as opposed to the €1.02 billion reached in the previous year, as reported to the Spanish Stock Exchange Regulation Authority (CNMV) on Wednesday. Abertis’ EBITDA was set at €2.92 billion, representing an increase of 23.6% while the turnover increased by 25% to reach €4.65 billion.