Dividend entry liquidating

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Total revenue reached over EUR 3 billion, showing a 5.2% increase year-on-year, compared to EUR 2.9 billion in 2015.

Operating revenue increased to EUR 2.8 billion, (recording a 4.5% increase year-on-year , from EUR 2.7 billion at the end of 2015); other operating revenue amounted to EUR 152.4 million, showing a 22% rise year-on-year, from EUR 124.9 million at the end of 2015.

EBITDA totalled EUR 379.8 million (EUR 355.2 million at 31 December 2015) up by 7% year-on-year, with an EBITDA margin of 12.6% (12.4% in December 2015).The yearly figure is to be attributed to cost containment policies which have played a key role in the Group’s strategy for some years, and to the centralisation of some processes with consequent economies of scale.

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