this government business groups profits will skyrocket next year, reaching 2,332 million euros jointly, with a strong 56% increase over expected profits for this year, according to projections in the 2023 General Government Budget Act (PGE) presented this Thursday.
The largest contribution to the profits of publicly traded companies belong to Lotteries and State Betting (with a forecast profit of EUR 1,854 million, 3% more than forecast for this year) and the Enaire Group, which includes the Enaire air control group and 51% of the airport manager aena (636 million profits, 45% more due to the revival in tourism and demand for air travel).
this The government’s projections for the next year are based on SEPI’s -Public holding company that brings together state holdings in companies like Correos, Navantia, Tragsa, RTVE and minority packages in Redeia, Enagás, Hispasat or Ebro- return to benefits. The forecast for the next PGE projects a profit of 136 million compared to the expected loss of 29 million for this year. Renfe-Operadora will make a profit of 86 million, ten times the expected result for this year.
The big red numbers among publicly traded companies are once again for the manager of the rail network. Adif and its spin-off Adif-Alta Velocidadwith the red figures of 151 million and 286 million, up 41% and 28%, respectively, compared to projected losses for this year.
State groups will close next year with a joint debt of 60,820 million Euros, which is 286 million less than expected for this year. Adif-Alta Velocidad leads the list of the most indebted groups with 18,357 million, followed by SEPI (10,735 million), Grupo Enaire (7,788 million), Renfe Operadora (7,788 million) and FROB (6,870 million).
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.