Business · Companies · 5 hrs ago
FNM reports €521.3 million in revenue for first nine months
Italian transport group FNM reported €521.3 million in revenue for the first nine months of the year, up 3.5% from the same period a year earlier.
Net profit attributable to the parent company’s shareholders rose 6.2% to €65.2 million.
The group’s operating profit increased slightly, while its operating cash flow more than doubled to €139.5 million.
Higher cash flow helped move available cash from a €43.1 million deficit to a €45.7 million surplus, and net financial debt fell to €728.4 million.
FNM kept its full-year operating profit forecast at €230 million to €240 million.
It lowered its forecasts for investment, to €250 million to €300 million, and net financial debt, to €730 million to €770 million.
FNM reported revenue of €521.3 million for the first nine months of the year, up 3.5%.
Operating profit rose 0.6% to €80.7 million, while net profit attributable to the parent company’s shareholders increased 6.2%.
Operating cash flow rose to €139.5 million from €64.6 million, and net financial debt fell to €728.4 million from €776.6 million.
FNM confirmed its full-year estimate for gross operating profit at €230 million to €240 million.
The company lowered its estimates for investments to €250 million to €300 million and for net financial debt to €730 million to €770 million.
- Who
- FNM, the Ferrovie Nord Milano group.
- What
- It reported revenue of €521.3 million for the first nine months, up 3.5%.
- When
- The first nine months of the year; the report was published on November 12, 2026.
- Where
- Not stated.
- Why
- Not stated.
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- Revenue
- €521.3 million, up 3.5%
- Gross operating profit
- €187.3 million, up 1.7%
- Operating profit
- €80.7 million, up 0.6%
- Net profit attributable to parent shareholders
- 6.2% increase to 65.2
- Net financial debt
- €728.4 million, down from €776.6 million