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According to a survey carried out by TAV itself relying on the estimates of 20 analysts, the market expects the company to announce EUR15.6mn in net profits in 4Q12, while our estimate stands at EUR12.3mn. The market consensus for the company's top-line and EBITDA performance remains slightly lower than our estimates as the market foresees EUR257mn in revenues (our estimate: 273) and EUR67mn in EBITDA (our estimate EUR78mn).
Our first perception is that there will be no material surprise for the company's 4Q12 bottom-line. The results are expected to be announced by the end of the third week of February.
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