November 9, 2017

Trasmediterránea is only one of the companies belonging to the well-performing Acciona Group. In its 9M report, Acciona says that the Trasmediterránea EBITDA fell to €40 million, due to an increase in fuel costs derived from higher oil prices. The revenues were rather flat, with -2%.
In the period from January till September more passengers (+1.3%), more freight (+2.9%) and more cars (+5.6%) have been transported.
Recently Acciona reached an agreement to sell its 92.7% stake in Trasmediterranea to the Naviera Armas Group, something which is planned for 2018, Q1.