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FNM SpA (FNMI.MI)

FNMI.MI on Milan Stock Exchange

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24 Mar 2017
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Latest Key Developments (Source: Significant Developments)

FNM FY net profit rises to EUR 26.3 mln
Wednesday, 22 Mar 2017 01:18pm EDT 

FNM SpA : FY net profit 26.3 million euros ($28.44 million) versus 20.1 million euros a year ago . FY production value 264.0 million euros versus 299.5 million euros a year ago .Proposes dividend of 0.017 euro per share.  Full Article

FNM: AMT renounces to pre-emption right on Azienda Trasporti Verona
Thursday, 2 Mar 2017 04:43am EST 

FNM SpA : Its unit Ferrovie Nord Milano Autoservizi (FNM Autoservizi) receives the renunciation from Azienda Mobilita Trasporti (AMT) of the exercise of its pre-emption right on Azienda Trasporti Verona . The renunciation allows FNM Autoservizi to sign the contract for the acquisition of a 50 pct stake in Azienda Trasporti Verona .AMT holds the remaining 50 percent stake in Azienda Trasporti Verona.  Full Article

FNM unit FNM Autoservizi wins tender to acquire 50 pct stake in Azienda Trasporti Verona
Monday, 16 Jan 2017 12:15pm EST 

Fnm Spa : Says its unit Ferrovie Nord Milano Autoservizi SpA wins tender to acquire 50 percent stake in Azienda Trasporti Verona Srl, owned by the Province of Verona .Ferrovie Nord Milano Autoservizi SpA offered an amount of 21 million euros ($22.26 million) for the acquisition.  Full Article

FNM denies again there are negotiations for sale of 50 pct in Trenord
Friday, 30 Sep 2016 09:23am EDT 

FNM SpA :Denies again there are negotiations for the disposal of 50 percent in Trenord Srl, as already said on June 1 [nFWN18T011].  Full Article

FNM plans to evaluate entry into airport infrastructure management business
Tuesday, 27 Sep 2016 11:52am EDT 

FNM SpA : Board approves 2016-2020 strategic plan . Plans to evaluate an entry into the business of airport infrastructure management via the possible acquisition of astake in an airport operator in Lombardy . Plans to reach an EBITDA of 100 million euros at the end of the 2016-2020 plan period .Says that it does not plan any capital increase for the time being.  Full Article

FNM H1 net profit rises to EUR 14.9 mln
Tuesday, 27 Sep 2016 11:46am EDT 

FNM SpA : H1 net profit 14.9 million euros ($16.69 million) versus 12.2 million euros a year ago . H1 production value 133.4 million euros versus 153.2 million euros a year ago .For the second half of 2016 expects a performance trend, at an operational level, substantially in line with the first half.  Full Article

FNM denies it has started negotiations to sell its stake in Trenord
Wednesday, 1 Jun 2016 04:52am EDT 

FNM SpA :Denies it has started negotiations to sell its 50 percent stake in Trenord Srl.  Full Article

FNM Q1 net profit up at EUR 7.1 mln
Wednesday, 11 May 2016 09:07am EDT 

Fnm SpA : Q1 production value 68.7 million euros ($78.39 million) versus 71.6 million euros year ago .Q1 net profit 7.1 million euros versus 7.0 million euros a year ago.  Full Article

FNM SpA proposes FY 2015 dividend
Tuesday, 22 Mar 2016 12:46pm EDT 

FNM SpA:Proposes dividend of 0.014 euro per share.  Full Article

Lombardy region renews concession to FNM SpA unit for regional rail network
Monday, 15 Feb 2016 10:28am EST 

FNM SpA:The region of Lombardy approves the renewal of the act of concession to FNM unit Ferrovienord for the construction, operation and management of the regional rail network.The region of Lombardy approves the text of the service contract, whose duration is scheduled from March 18, 2016 to Dec. 31, 2022.The maximum total value of the service contract is estimated at 670 million euros.  Full Article

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Railway group FNM studying tie-up with Milan public transport firm

MILAN Italian regional railway group Ferrovie Nord Milano said on Tuesday it was studying a possible tie-up with Milan's public transportation company ATM as consolidation heats up in the sector.