(Adds statements, background, pattern title) MILAN, July 14 (Reuters) – The Airport of Bologna Guglielmo Marconi sees 2015 as a year of adjustment, followed by a significant growth in 2016, and is ready to participate in the consolidation process that is taking place in the sector in Italy. It ‘as said the director general Nazareno Ventola on the sidelines of the listing ceremony. The title debuted today on the Star segment of the Italian Stock Exchange with an increase in double figures, after the shares priced at the bottom of the range, at 4.5 euro on a range of 4.4 to 5.2 euro. The OPVS, who nevertheless received a demand of 2.8 times the offer, was affected by the turbulence in stock markets linked to the events in Greece. “The 2015 will be a year of adjustment, but still positive,” said Fan, noting that after the strong growth of the last three years, this year the growth rate in margins will be lower. “There is an activity of consolidation at national level, we will evaluate all strategic options in an open,” he responded to a question about the possibility of M & A, but pointed out that at present there are no firm plans and that Now the priority is organic growth. In this regard, the manager said that there is an investment program for the next five years of over 120 million euro and “an important part of the IPO proceeds will be used to finance this development.” “Sooner or later, this process of consolidation we will feature”, he concluded. When asked if the airport of Bologna would be prey or predator, Fan responded that “all options are open”. The general manager finally explained that a dividend policy has not yet been defined but “will be fine” for shareholders. At around 10.35 Bologna Airport is entered in the volatility auction after marking an increase of 21.67% to 5.475 euro. More …
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