Company Overview of Società per Azioni Esercizi Aeroportuali S.E.A. S.p.A.
Società per Azioni Esercizi Aeroportuali – SEA S.p.A. develops and manages airport infrastructure in Europe. The company operates through four segments: Aviation, Non Aviation, Handling, and Energy. It manages Milano Malpensa and Milano Linate airports, and General Aviation Milano Linate Ovest airport. The company is involved in the management, development, and maintenance of the infrastructure and plant at the airports; offers various flight related services and activities to customers, such as the landing and departure of aircraft; and provides airport security services. It also offers a range of commercial services for passengers, operators, and visitors; land-side assistance services for...
Milan Linate Airport
Segrate, MI 20090
Founded in 1948
Key Executives for Società per Azioni Esercizi Aeroportuali S.E.A. S.p.A.
Chief Executive Officer and President
Chief Operating Officer and Deputy Chief Executive Officer
Compensation as of Fiscal Year 2014.
Società per Azioni Esercizi Aeroportuali S.E.A. S.p.A. Key Developments
SEA S.P.A. Reports Unaudited Consolidated and Parent Earnings Results for the Year Ended December 31, 2014
Mar 19 15
SEA S.P.A. reported unaudited consolidated and parent earnings results for the year ended December 31, 2014. 2014 group revenues totalled EUR 685.1 million, up 6.1% on the previous year. EBITDA in 2014 totalled EUR 205.9 million, up over EUR 23 million on the previous year. Net profit amounted to EUR 54.9 million, improving EUR 21.2 million (62.7% on the previous year). Net Debt at December 31, 2014 was EUR 571.2 million, increasing EUR 83.4 million on 2013, impacted significantly by the restructuring of commercial aviation Handling.
The parent company SEA S.p.A. in 2014 reported revenues of EUR 655.6 million, increasing 4.8% on the previous year. EBITDA totalled EUR 201.4 million, up 16.9% and a net profit of EUR 56.4 million (8%).
JSW And Jindal Steel & Power Reportedly Show Interest in Societa Esercizi
Apr 30 14
JSW Steel Ltd. (BSE:500228) and Jindal Steel & Power Ltd. (BSE:532286) have expressed interest in acquiring Societa Esercizi Aeroportuali SpA, according to sources with direct knowledge of the matter. A source at Jindal Steel said, "Our interest is very preliminary as of now but they have some mills that look interesting. I don't think we will be too keen on their blast furnace." A second Jindal Steel source confirmed the company's interest in the Lucchini facilities.
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