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| Cintra increased EBITDA by 24% in the first quarter of 2006 Cintra, which specialises in bidding for and managing toll roads and car parks, increased EBITDA by 23.9% in the first quarter of 2006 to 120 million euro, bringing the EBITDA margin to 65%. In 1Q06, 76% of EBITDA came from other countries, especially Canada, the US and (for the first time) Ireland. The increase in the main operating and financial aggregates of Cintra is due to positive traffic performance on all its toll roads, improved margins on toll roads in Canada, the US and Spain (R-4), strong revenue growth at 407 ETR in Canada, the entry into operation of the Chicago Skyway (for the full quarter) and the N4/N6 in Ireland, and a significant increase in the number of parking spaces. write your comments about the article :: © 2006 Construction News :: home page |