Traffic recovery boosts Torrevieja motorway revenue by 30%

gradual reactivating the activity The first effect of the epidemic and the increasing traffic rolled concessionaire allowed Highway connecting Alicante with Torrevieja and Cartagena develop 30% of your income over the past year, although it has not yet reached pre-covid levels. This is reflected in the 2021 accounts deposited in the Commercial Register of Ausur, the firm owned by Pralesa, and the Fuertes Group (El Pozo), which manages the road. Close to 44 million benefits. Of course, an accounting profit since it was generated thanks to debt cancellation by its shareholders.

In total, the company has a registered 11.8 million euro turnover, compared to 9 million a year ago, who were fully affected by the traffic crash caused by the containment of the coronavirus and subsequent restrictions. Despite the improvement, the company’s own executives emphasize in their management reports that the figures for highway users are still below the normal pre-pandemic numbers, although there are differences. Specifically, the volume of light vehicles through 2021 is still 29% lower than 2019truck volume was already 2% higher.

The loss of revenue from the previous year caused the firm to take measures to control expenses. dismissal of ten workers and an app POSTPONE for another part of the workforce, this meant a 65% reduction in working hours during part of the year. The company also started the process renewal of paid systems to enable more automation.

All this allowed result of exploitation will recover from 508,000 euros in fiscal 2020, 4.3 million from last year. Ausur made a statement regarding the net result compared to the 1.9 million loss it recorded in the first year of the pandemic last year. 43.7 million profit. Of course, some benefits provided by convertible loan forgiveness What the shareholders of the company acquire from financial institutions at a significant discount to the face value that makes up these accounting results.

The accounts also include the lawsuit filed against the Government for being denied by the firm. compensation for the consequences of the declaration of the alarm state about your income. A claim that the Supreme Court dismissed denied the company’s request to extend the concession period to make up for it.

Source: Informacion

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