MILAN May 10 Italian motorway company Atlantia
said on Friday its first-quarter net profit fell 10
percent to 111 million euros ($144 million) citing lower income
from asset sales.
Revenues rose 8 percent to 925 million euros in the period
as traffic growth on its overseas roads more than offset a
decline in its Italian network.
Atlantia, which is slated to merge with Rome airport
operator Gemina, said operating results in Italy may
be lower in 2013 due to the weak economy, while the contribution
of its overseas operations should grow.
The company also said it had decided not to make any
provision against a 800 million euro claim from the Environment
Ministry in a case relating to alleged environmental law
violations in the construction of the Variante di Valico
motorway. The claim was filed in March.
(Reporting By Danilo Masoni; editing by Francesca Landini)