annual report 2021
Annual Financial Report as at 31 december 2021
Annual Report 2021

    Key Data

    Key Data
    key data

    KEY DATA

    Our 2021 in numbers

    The pickup in air traffic during the second half of the year resulted in a positive impact on operating performance.

    With a view to protecting everyone’s health and safety, passengers and operators alike, we have continued to improve our facilities and services, including by introducing a number of tools that leverage digital applications.

    Revenues
    348,981
    Revenues (Euro thousands)
    Investments
    49,909
    Investments (Euro thousands)
    Employees
    2,682
    Employees

    Results

    Consolidated Results

    CONSOLIDATED RESULTS

    Evolution, transformation, readiness

    The difficult economic and financial backdrop against which our industry is operating has not prevented us from setting ambitious goals, focusing on the transition to smarter and greener ways of doing business.

    Operating results

     Following the application of IFRS 5, the 2020 restated income statement does not include the figures of SEA Energia SpA, which are recorded in the line “Net result from assets held for sale”.

    Financial Data

    Airports

    Impact
    The role played by our airports

    IMPACT

    The role played by our airports

    Our airports are at the service of the region, as they help provide momentum to the economy and make travelling possible for those who need to move, while ensuring the protection of the natural ecosystem.

    Milan Malpensa Cargo City

    Attività

    Business Segments

    BUSINESS SEGMENTS

    Our business in numbers

    Work for the improvement of infrastructure facilities at Milan Linate and Milan Malpensa airports will continue.

    aereo
    Commercial Aviation
    312,500
    Revenues
    23,134
    EBITDA
    -87,346
    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
    12,732
    Revenues
    8,607
    EBITDA
    6,552
    EBIT
    Figures in Euro thousands
    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.

    Investments

    Investments
    Investments

    INVESTMENTS

    Looking to the future

    Investments to ensure airport safety, regulatory compliance, business continuity and passenger service delivery were confirmed.

    Investments
    49,909
    Total investments (Euro thousands) including
    Investments terminals
    22,232
    Terminals
    Investments Flight infrastructure
    14,720
    Flight infrastructure
    Investments cargo
    1,390
    Cargo
    Investments Roads and Parking
    435
    Roads and Parking
    Investments Networks and systems
    3,193
    Networks and systems
    Investments ICT Projects
    2,901
    ICT Projects
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