Annual Report 2020
Annual Financial Report as at 31 December 2020
Annual Report 2020

    Key Data

    Key Data
    Key Data

    Key Data

    Nothing can stop our commitment

    Quickness, flexibility, always looking forward: this is the mentality that guided the management of our airports during this unprecedented year.

    We immediately adapted to a new way of travel, while never ceasing to look beyond: we anticipated changes, constantly protecting the health and safety of all.
     

    Revenues
    286,034
    Revenues (Euro thousands)
    investments
    61,830
    Investments (Euro thousands)
    NFP/EBITDA
    -23.60
    NFP/EBITDA
    Employees
    2,788
    Employees

    Results

    Consolidated results

    consolidated results

    Evolving in changing times

    After a year marked by uncertainty, we are working for a more sustainable tomorrow. Today we are focused on a maintenance strategy that can prepare us to recover and grow in the future. 

    Operating results
    Financial data

    Airports

    Impact
    The role of our airports

    IMPAct

    The role of our airports

    During the health emergency, we made our airports available to the community, helping make sure the economy never stopped and allowing travel for those who needed to move.

    Milan Malpensa Cargo City

    Business

    Business segments

    business segments

    Our business in numbers

    We operate and develop two major airports and produce energy: We make people move. 

    aereo
    Commercial Aviation
    236,257
    Revenues
    -31,636
    EBITDA
    -135,665
    EBIT
    SEA Commercial Aviation

    The Commercial Aviation business includes the Aviation business — operating, developing and maintaining airport infrastructure and providing SEA Group customers with services related to aircraft landing and departure and airport security — and Non-Aviation business — commercial services for passengers, operators and visitors, and real estate sector.

    aereo
    General Aviation
    9,717
    Revenues
    6,189
    EBITDA
    3,988
    EBIT
    SEA General Aviation

    The General Aviation business includes the full range of services related to business traffic at the West apron of Linate airport and at Malpensa.

    energia
    Energy
    11,036
    Revenues
    -1,114
    EBITDA
    -1,400
    EBIT
    Figures in Euro thousands
    SEA Energy

    The Energy business includes the generation and sale of electricity and thermal energy for the external market.

    Investments

    Investments
    Looking to the future

    Investments

    Looking to the future

    The improvement of infrastructure at the Milan Linate and Milan Malpensa airports has never stopped, not even during the pandemic. We are committed to offering an increasingly seamless and safe travel experience, thanks to the new technologies we are investing in.

    Investments
    61,830
    Total investments (Euro thousands) including
    Terminals
    33,629
    Terminals
    Cargo
    536
    Cargo
    Roads and parking
    621
    Roads and Parking
    Networks and systems
    12,133
    Networks and systems
    ICT Projects
    5,327
    ICT Projects
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