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APRR sales and traffic for the fourth quarter of 2014

22.01.2015

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Excluding Construction, APRR’s consolidated revenue totalled €504.5 million in the fourth quarter of 2014, an increase of 2.5 % from €492.1 million in the fourth quarter of 2013. Overall traffic during the fourth quarter of 2014 as measured by the number of kilometres travelled is up 2.2 % compared to the same period last year. Light vehicle traffic is up 2.6 % compared to the fourth quarter of 2013. Heavy goods vehicle traffic is up 0.4 % on this last quarter.

Excluding Construction, APRR’s consolidated revenue totalled € 2,149.2 million as at 31st December 2014, an increase of 2.4 % from €2,099.2 million as at 31st December 2013. Overall traffic measured by the number of kilometres travelled increased by 1.6 % for the full year 2014 compared to 2013. Light vehicle traffic is up 1.6 % for the full year. Heavy goods vehicle traffic is up 1.5 %.

On november 4th 2014, APRR has realised a new bond issue amounting to €1.4bn, consisting of two tranches of €700m each, at historically low rates: one tranche for six years, maturing in January 2021 and offering a coupon of 1.125%, and the other tranche for ten years, maturing in January 2025 and offering a coupon of 1.875%.
On november 26th 2014,Standard & Poors has upgraded APRR credit rating by one notch by raising it from BBB positive outlook to BBB+ stable outlook.

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