ENAV closes 2024 with record results and presents the 2025-2029 industrial plan, with investments for 570 million euros, growth of revenues and focus on innovation and drones. International expansion with new locations in India, Brazil and Saudi Arabia and the enhancement of the digitization of air control. The Ad Monti: “Italy must become a strategic hub of the Air Force”
ENAV has presented the new 2025-2029 industrial plan, which provides for investments for 570 million euros, an average annual growth of revenues of 4.3% up to 1.2 billion euros and an increase in net profit of 26.7%, reaching 165 million euros. For the benefit of the shareholders, the dividend will increase by one cent of euros per year, reaching 0.32 euros in 2029.
In the meantime, the Board of Directors has approved the financial results of 2024, which mark a record Ebitda of 311 million euros (+3.6%), consolidated revenues growing by 3.7%at € 1.037 billion and a net profit increasing by 11.5%, reaching 125.7 million euros. The debt was reduced by 64 million, descending to 258 million euros, while the dividend per share was set at 0.27 euros, with an increase of 17%.
Air traffic: record numbers for 2024
“2024 has marked new records, both as regards the volumes of air traffic and for the turnover of the unregulated market,” the group sources have declared. The revenues from operational activities stood at 1.05 billion euros, with an increase of 6.5%, including a negative balance component of 55.7 million euros. The revenues of the unregulated market recorded an increase of 14.4%, reaching 49.3 million euros.
In 2024, ENAV managed over 2.2 million flights in Italian airspace, with high operational efficiency. The average delay for assisted flight was 0.066 minutes, less than the set goal of 0.07 minutes. Compared to 2023, Italy has confirmed the highest growth rate of air traffic among large European countries, with an increase in the service units of 10.5%, compared to a European average of 6.4%. In 2025, traffic is expected to be more growing by 6.1%. For comparison, in 2024 France grew by 7.8%, Germany by 5%, the United Kingdom of 2.5%and Spain by 7.6%.
Plan strategies at 2029
The CEO Pasqualino Monti outlined the guidelines of the plan, underlining that these are “fundamental strategies for the creation of value in the long run”. The 570 million euros of investments will be intended for the modernization of infrastructures, with the transition from four to two area control centers and the remotization of the control towers. In addition, new digital platforms for air traffic management will be introduced, ensuring greater efficiency and safety. Another area of intervention concerns technological innovation, with the adoption of cloud solutions and artificial intelligence to improve operational and corporate activities.
International expansion and development of the drone market
ENAV aims to strengthen its presence on international markets with the opening of three new locations in India, Brazil and Saudi Arabia by 2026. The plan also includes the start of an Energy Service Company to offer energy efficiency services and the creation of a “Drones As a Service” platform for strategic sectors such as energy, transport, infrastructure, agriculture, logistics and safety.
The goal is to develop an ecosystem of advanced services with drones, integrating intelligent technologies for monitoring, inspection and analysis of data in real time. ENAV also provides for targeted acquisitions in the drones and technologies for the control of air traffic control, in addition to the creation of a “Digital Academy” for the training of staff in the aeronautical sector and remote piloting aircraft, in line with European regulations.
Monti: “Italy must become a strategic hub of the Air Force”
“The 2025-2029 industrial plan marks a turning point for ENAV, tracing a path of growth based on innovation, sustainability and international competitiveness,” said Monti. The strategy, he explained, “is based on targeted investments in advanced technologies and human capital, with the aim of optimizing the efficiency of air traffic and consolidate operational safety”.
In the context of an evolving aeronautical industry, “we aim to strengthen the positioning of Italy as an aviation strategic hub and to increase the value for shareholders”, concluded the CEO. “We want to become protagonists in the sector of remotely piloted aircraft, not only as a provider of services for drones, but also integrating its technologies into aeronautical operations, contributing to the growth of a market with great potential”.
