MILAN (Reuters) - Infrastructure group Atlantia (MI:ATL) swung to a net loss in the first quarter as the impact of the coronavirus crisis compounded fallout from a prolonged political dispute over its motorway concession.
Between January and March, traffic on Atlantia's motorway network in Italy fell 20.7% while passengers at its airports in Rome tumbled 33% as the lockdown imposed by the Italian government to contain COVID-19 took its toll.
Atlantia said it was keeping all options open to safeguard its interests in talks with the transport ministry over its motorway concession, adding it hoped for a rapid and positive solution to the row.