Bologna Airport goes up on the Stock Exchange after positive data on traffic

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(Tiper Stock Exchange) – Positive day in Piazza Affari For Guglielmo Marconi Airport in Bolognaa company listed on Euronext STAR Milan which manages the Bologna airport, after yesterday evening it communicated that it had registered 982,300 passengers as of June 2023 (+11% on June 2022), marking the best month ever in the history of the airport, exceeding by about 26 thousand units the figure of the previous record, set in August 2022.

“THE Data confirms solid momentum in demand of air traffic, which is expected to last through the summer peak season given the solid bookings repeatedly reported by the airlines – analysts at Intesa Sanpaolo “Our current estimates for Bologna Guglielmo Marconi Airport assume 9.4 million passengers for this year, corresponding to double-digit year-on-year growth but unchanged from the 2019 level.”

“Based on the recent trend, this forecast may prove too conservative and assuming 2023 traffic at 103% of the pre-Covid level, thus maintaining the pace shown so far, Adjusted EBITDA and net income would increase by about 5% and 10%, respectively,” the analysts add.

Improve the performance of Bologna airportwhich stands at 8.22 euros, with a 1.48% increase, even if the volumes traded are small. Operationally, expectations are for a continuation of the day in a positive direction with resistance seen at 8.233 and subsequent at 8.273. Support at 8.193.

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