abertis airports

The abertis Group

abertis airports forms part of abertis, an international group which manages mobility and telecommunications infrastructures across five business areas: toll roads, telecommunications infrastructures, airports, car parks and logistic parks. As a result of continuous international expansion in the company's activities the Group now operates in 18 countries on three continents.

The Group has a workforce of nearly 12,000 people and 50% of its income is produced outside Spain. The group is quoted on the Spanish stock exchange and forms part of the select Ibex 35 index, as well as the international indexes Dow Jones Sustainability, FTS Eurofirst 300 and Standard & Poor’s Europe 350.

Since 2003, abertis has worked on a progressive expansion process until establishing itself as an operator focused on the infrastructures management working in a setting of growing internationalisation of its activity. The achievements that have a bearing on the development of the group have been:

• In toll roads: the incorporation of the French toll roads operator sanef into the abertis Group, in 2006.
• In telecommunications: the purchase of the telecommunication networks operator retevisión in 2003; the 2007 purchase of 32% of Eutelsat, Europe’s leading satellite operator; and the purchase in 2008 of 33.4% of Hispasat.
• In airports: the take-overs of the British airport group tbi in 2005 and of Desarrollo de Concesiones Aeroportuarias (dca), a holding company with interests in 15 Latin-American airports, in 2007.
• In car parks: the internationalisation process, with projects in countries such as France, Portugal, Italy and Chile.
• In logistic parks: the expansion and internationalisation of the logistic parks, with new projects in Portugal and Chile, and the acquisition of several new assets in Madrid and Barcelona.

Business areas

Toll roads. In this sector, abertis directly manages 3,738 kilometres. In Spain, it is the main operator of high-capacity roads and directly manages over 1,500 km of toll roads. In addition, abertis is involved in the management of a further 5,400 km via shares in its concessionaries in Italy, the United Kingdom, Argentina, Chile and Portugal.

Telecommunication infrastructures. abertis telecom is the leader in Spain in infrastructures and terrestrial telecommunications services. After the acquisition, in 2007, of 32% of the share capital of Eutelsat, and the acquisition, in 2008, of 33.4% of Hispasat, abertis telecom also features as a key player at an international level in the field of satellite infrastructures.

Airports. abertis airports holds stakes in 30 airports in 9 countries with a global traffic in excess of 80 million passengers a year. After the acquisition of dca, abertis airports becomes one of the largest operators in the world with a notable presence in Europe and America.

Car parks. abertis, through saba, manages more than 140,000 car parking spaces in over 200 car parks, distributed in more than 70 cities in Spain, Italy, France, Portugal, Chile, Morocco and Andorra.

Logistics parks. The projects currently promoted by abertis logística occupy a gross surface area of 715 hectares, with a buildable surface area of almost 3 million square metres. At present, abertis logística has nearly 933,000 square metres built on and 128.000 square metres of logistics services.

Main figures

The abertis group made a net profit of €653Mn in 2009. Total revenues amounted to €3,935Mn, while net cash-flow was generated to €1,550Mn. EBITDA totalled €2,435Mn. abertis invested a total of €1,394Mn in 2009.