Fnm — Investor Presentation 2020

Mar 31, 2020

FNM Group Corporate Presentation

The FNM Group

• Overview
• The Core Business
• The reference context

FY 2019 Financial Results

2020 Outlook

The FNM Group | Overview

The Group in short

• • FNM S.p.A. ("FNM" or the "Group") was established in 1879 with the objective of building and managing the railway infrastructure of the Lombardy Region. Today, FNM is one of the main transport and mobility operators in Northern Italy, operating in 5 regions (Piedmont, Lombardy, Emilia Romagna, Veneto, Friuli Venezia Giulia), in the sector of passenger and freight transport, or more in general within the field of sustainable mobility according to an integrated model. The Group is the foremost non‐ governmental Italian investor in the sector

• • The Group operates in different segments:

• Local railway Public Transport through FNM, Ferrovienord, Nord Ing and Trenord

• Local road Public Transport through bus services with FNM Autoservizi, ATV and La Linea and electric car‐sharing service with E‐ Vai
• Railway Cargo Transport with Malpensa Intermodale, Malpensa Distripark and DB Cargo Italia
• • FNM is listed on the Mercato Telematico Azionario of Borsa Italiana
• • As at 31 December 2019, the Group had an average headcount of 2,268 employees

Shareholders

	i i l K F e y n a n c a s
	€ M	2 0 1 4	2 0 1 5	2 0 1 6	2 0 1 7	2 0 1 8	2 0 1 9
	RE VE NU ES	19 0, 7	19 7, 5	19 5, 4	19 8, 3	29 6, 3	3 0 0, 6
	EB ITD A AD J	44 6 ,	5 1, 7	55, 7	54, 7	67, 8	6 9, 6
	% on rev en ues	23 4% ,	26 2% ,	28 5% ,	27 6% ,	22 9% ,	23 2% ,
	EB IT	19, 3	24 2 ,	24 8 ,	27 7 ,	3 1, 4	3 0, 3
	% on rev en ues	10, 1%	12, 2%	12, 7%	14, 0%	10, 6%	10, 1%
G r o u p	NE T RE SU LT	21 1 ,	20 1 ,	26 3 ,	35 0 ,	28 5 ,	3 0, 3
	( ) Ca h NF P s	( ) 8, 4	( ) 27 5 ,	( ) 28 8 ,	40 2 ,	22 5 ,	( ) 10 7, 4
	d j. ( h ) A NF P Ca s					7, 5	( ) 3 9, 9

*Source: Borsa Italiana data as at 27 March 2020

The FNM Group | History

FNM is the main integrated transport and mobility Group in Lombardy

The FNM Group | The core business

Companies

Owned fleet leased *

	Type of Train	Number	Average age	Net Value 2019 (€ mln)
	ETR 245 (CSA)	8	7	29.4
	ETR 526 (CORADIA)	10	4	63.1
LPT	TAF	25	ਹਰ	17.7
	TSR	। ਰੇ	3	181.6
	TOT.	62	10	291.8
	E 474 (ES64 F4)	1	11	2.3
Transport Freight	E 483	8	10	18.5
	E 494	3	1	3.1
	TOTT.	12	8	18.2
	TOTAL	74		313.4

* To which will be added 13 new trains (9 LPT + 4 shunting) to be delivered by 2021

The FNM Group | The core business: Railway infrastructure

management

of the

The business in a nutshell

It is the infrastructural mobility operator in Lombardy through the management of:

• • over 330 km of network and 120 stations in the provinces of Milan, Varese, Como, Novara, Monza and Brescia
• • the circulation of 900 trains/day and 200,000 passengers/day
• • the ordinary and extraordinary maintenance of the network, the activation of new facilities and enhancement works.

Highest traffic density in Italy:

CONCESSION

Deed of

• • 32,500 train‐km/network km
• • one train per minute from/to the Milan Cadorna station in peak hours

Regulatory Framework

operation and

Regulatory Context defined by Lombardy Region:

for the

The managed network

Productivity indicators (train‐km mln)

The FNM Group | The investment plan of the Lombardy Region*

* The manager of the purchase orders is Ferrovienord to which the Lombardy Region will pay 1% of the amount of the executed contracts and the financial expenses deriving from use of bank loans, as provided by the 2016‐2022 Service Agreement

8

The FNM Group | The investment plan of the Lombardy Region*

The FNM Group | The core business: Road mobility ‐ Lombardy

The FNM Group | The core business: Road mobility ‐ Veneto

The business in a nutshell

• • LPT service in the city of Verona and Province
• • Sub‐contracting local public transport (LPT) services in the basins of Verona, Padua, Venice and Belluno
• • Services of bus leasing with driver (tour lease services)

TRAFFIC

Over 73 million passengers/yearOver 20 million bus‐km

LINES

273 km urban network on 31 lines 3,705kmsuburban networkon77lines

The FNM Group | Contribution of the Business Areas

Actual 2019 (net of intercompany)

The FNM Group | JV Trenord, established in 2011 as strategic partnership

Trenord in short

• • It represents the pillar of mobility in Lombardy, connecting the main urban nodes and interconnecting the regional territories
• • It manages the suburban and regional railway service of Lombardy on the basis of a Service Agreement with the Lombardy Region (to date it covers the 2015‐2020 timeframe) with additional services including: the Milan Rail Link, the Malpensa Express airport connection, long‐ distance lines and the cross‐border service through TILO
• •As at 31 December 2018, it had over 4,200 employees

Business KPI

Production: 2,600 runs per day in Lombardy (26% of national railway transport)

30 thousand stops in 467 stations 43.5 mln train‐km in 2018

• Train Fleet: over 400 trains; in February the first train deriving from the Region purchase programme started operations: the programme is directed at renovating the fleet and it includes a total of 176 new trains by 2024
• Railway Network: approximately 2,000 km distributed over 40 trunk lines and 61 lines under the competence of two operators (RFI of the GS Group and Ferrovienord of the FNM Group)

Shareholders

Average Daily Passengers

Key Financials*

mln €	2 0 1 6	2 0 1 7	2 0 1 8	2 0 1 9	2 0 1 9 I F R S 1 6
R E V E N U E S	7 6 3, 6	8 0 0, 2	7 9 7, 3	8 3 1, 7	8 3 1, 7
E B I T D A	6, 2 7	7 7, 5	6 9 7,	0, 7 5	2 0 2, 1
% Re on ven ues	0% 10,	7% 9,	5% 8,	5% 8,	3% 24 ,
E B I T D A	1 8, 8	1 6, 7	5, 1	8, 4	1 0, 0
% Re on ven ues	2, 5%	2, 1%	0, 6%	1, 0%	1, 2%
S N E T R E U L T	9, 2	0, 1 5	2, 4	3 4,	3, 7
( ) h N F P Ca s	3 1, 2	( ) 5 9, 7	( ) 5 0, 9	( ) 2 2, 3	1 0 8, 6

The FNM Group | The reference context

Mobility demand is expected to be stable, but with concurrent modal shift towards LPT Railway and LPT Road

Source PRMT: Regional Mobility and Transport Programme (*motorised commutes out of a grand total of 16.4 mln/day)

The FNM Group

FY 2019 Financial Results

Highlights

FY 2019 consolidated results

Dividend Policy

2020 Outlook

The FNM Group | Economic‐financial highlights

Balance Sheet

ln € m	F Y 2 0 1 7	* F Y 2 0 1 8	F Y 2 0 1 9
d Ne F ixe As t ts se	4 9 0. 1	4 5 3. 4	4 7 9. 2
k l Ne W ing Ca i t ta or p	‐3 6. 2	4. 3	( ) * 1 3 2. 3
ha ho l de ' S Eq i ty re rs u	3 9 8. 2	4 3 5. 2	4 5 4. 3
l Ne F ina ia t nc i io ( h ) Po t s n ca s	6 5 5.	2 2. 5	( ) * 1 0 4 7.

Balance Sheet KPI

	F Y 2 0 1 7	* F Y 2 0 1 8	F Y 2 0 1 9
/ N F P E B I T D A	1. 0 2	0. 3 1	n.s
/ N F P E	0. 1 4	0. 0 5	n.s
/ N F A N I C	1. 0 8	0. 9 9	1. 3 8

KPI HR

	2	2	2
	0	0	0
	F	8	9
	Y	F	F
	1	Y	Y
	7	1	1
he dc Av t er ag e a ou n	2, 2 2 8	2, 2 4 0	2, 2 6 8

* The value was adjusted in view of the impacts of the adoption of IFRS 16, consistently with the year 2019

** Dividend accrued during the year; the pay‐out ratio is calculated on the profit of the Separate Financial Statement of FNM S.p.A.

*** Values influenced by the timing in new trains' capex refunds by Lombardy Region

The FNM Group | Executive Summary

l i i 2 0 9 F Y 1 F n a n c a l R t e s u s	f d b d d d f b l C i i i i i i t t t • o n r m e s n e s s s e a n e s s a n s o n p r o a u u y h l l l F C F 4 9 i i t • r e e a s o a o e r m o n w v d d h h‐ b l A j N F P i t t • s e a c a s a a n c e u w
C O V I D 1 9 ‐ I t m p a c s	f S C O V I D 1 9 i t t t t • r e s s e s o r m p a c s ‐ f d l d l d h l d k B i i i i i i i i i t t t t t • u s n e s s a n n a n c a s u a o n u n e r c o n r o a n w m e r s s f ( ) l d h d b h d d d l S i i i i i i i i i t t t t t t t • g n c a n q u y e a r o o m o c o m m e a n u n c o m m e n e s
d d l i i i D P e n o c v y	h l d d b d d d l h i i i i i i i i T B D t t t t t t • e o r e s o v e o s r u e v e n s a s o n s e m e r g e n c y s u a o n h k h h l l f f l f l b l i i i i i i t t t a n s o g e v e o n a n c a e x y f d % P R i i 4 0 t t t • a y ‐o u a o c o n r m e a
S G E	f f l l b l d d d d D i i G S S i i i t t t t t t • e n e a n u y c o m m e o v e r n a n c e a n r a e g y o n u s a n a y l G o a s d h h l d N F D 2 0 1 9 i i I i I R i t t t t t t t • n a c c o r a n c e e n e r n a o n a n e g r a e e p o r n g w ( ) l C i I I C R o n c u

FNM Group| FY 2019 Highlights

19

FNM Group| FY 2019 Revenues and Adjusted EBITDA by BU

€ M

R E V E N U E S	F Y 2 0 1 9	F Y 2 0 1 8	V % a r.	he fro H ig r re ve nu es m j t t p ro ec ma na g em en
l f i I R t t a a n r a s r c r e w y u u	1 2 4. 6	1 2 2. 2	2. 0 % +	ic ke ing % ha ks T 4 t t + n to :
d b i l i R t o a m o y	1 1 8. 3	1 1 5. 7	2. 2 % +	he H ig in tra • r lac ice t re p em en se rv s
& i R S C S o o e r v c e s	8 2. 6	8 2. 1	% 0. 6 +	de d Inc in • re as e ma n in he ism t to to ur se c r,
I t n e r c o m p a n y	( ) 2 4. 9	( ) 2 3. 7		he in Ve t to ne ar ea
O T T A L	3 0 0 6	2 9 6 3	% 1 5 +	ig he lea ha ks H t r se s n to an av er ag e
				he l l inc in ing t re as e ro k f lee to t s c he inc in t re as e
S A D J U T E D E B I T D A	2 0 9 F Y 1	F Y 2 0 1 8	% V a r.	d in te ma na nc e an l ts p er so nn e co s
l f i R I t t a w a y n r a s r u c u r e	4. 2	7. 5	% 4 4. 1 ‐	ln f 2. 2 I F R S 1 6: t + m ne o
d b l i i R t o a m o y	1 3. 2	9. 8	3 4. 7 % +	d lac inc in tra t • re as e re p em en ru ns
& i R S C S o o e r v c e s	2. 2 5	0. 5 5	% 3. 4 +	f i im d i b i l i E‐ Va ta ty • p ro ve p ro d Ve iv i im to t te • ne ac s p ro ve f b l i i i ta ty p ro
T O T A L	6 9 6	6 7 8	2 6 % +	lea Inc in • se s re as e du ion in Re t • c so me ing t ts op er a co s

FNM Group| From EBITDA to Net Result FY 2019

FNM Group| FY 2019 Consolidated NFP

FNM Group| 2020 DIVIDEND POLICY

D P S	E 0 0 2 2 r o u
l h C T t t o a a s ‐o u	l l 9 6 i i E u r o m o n
d d l d D i i Y i v e n e ( f ) 2 0 3 2 0 7 a s o	% 4 9
P R i t t a y ‐o u a o ( l ) F N M N R t t o n e e s u	% 4 0

The FNM Group

FY 2019 Financial Results

2020 Outlook

COVID‐19 Impacts

FY 2020

The FNM Group | COVID‐19 Overview

People Safety

•FNM Group is taking all precautions to manage risks for employees, adopting stringent protocols, in line with Authorities' directives:

• high‐level recourse to smart‐working for all employees
• limited access to offices for the employees that manage critical activities
• • Supplementary health insurance has been undersigned covering all employees if infected by the virus

Business Continuity

• • Business model resilient due to the B2B main activities of the Group
• • Stress Test for COVID‐19 impacts: we have realized a stress test on two scenarios (mild & hard*); even assuming the severe one, the company remains financially sound and profitable
• • Financial situation under control and with limited potential risks:

significant headroom liquidity on top of a positive 2019 and Actual NFP

2020 LIQUIDITY HEADROOM: Committed Lines = € 90 million Uncommitted Lines = € 140 million

The FNM Group | COVID‐19 Impacts

* Mild scenario estimates based on a recovery within the end of April Hard scenario estimates based on a recovery within the end of June

2020 FNM GROUP OUTLOOK

Annexes

Company Profile Sustainability Strategy FY 2019 Consolidated Income Statement FY 2019 Result of associates by Company FY 2019 Consolidated Balance Sheet Details of some companies Corporate organisational chart

The FNM Group | Shareholders and stock performance

2019 vs Reference indexes

Company profile

ke l da M i isa io t ta t to te ar ca p n	ln € 2 0 0 m
f ha he ha l No S in i t ta o re s s re ca p	ln 4 3 4. 9 m
f ha de d ( las da ) Av 3 0 tr t er ag e no o s re s a y s	6 0, 3 1 6 7

The FNM Group | Sustainability Strategy

Strengthening FNM's positioning as reference player in sustainable and integrated mobility, incentivising the use of collective transportation and the modal shift to reduce polluting emissions and improve the livability of cities and surrounding areas

VISION

MISSION

To improve the lives of people, of communities and of enterprises, simplifying connections, encounters and mobility needs

Development of sustainable mobility services and of an integrated territorial platform that systematises and connects (physically and digitally) urban and transport hubs, to create social value and productivity in the territory, with a view to social, environmental and economic sustainability

VALUES

In all of its business activities, the Group operates in full consistency with the principles of Responsibility, Integrity, Transparency, Efficiency, Merit and Sustainability

The FNM Group | Sustainability Governance

The FNM Group has developed its own Governance system to promote the integration of Sustainability issues in the definition of corporate processes in all business areas and assure their compliance with current regulations through:

no.

FNM Group| FY 2019 Consolidated P&L

l l Eu i ion ro m	2 0 1 9	2 0 1 8	Va	% Va r.
		f A T V p r o‐ o r m a	r.
fro le d ice Re ve nu es m sa s an se rv s	2 7 9, 2	2 7 6, 3	2, 9	% 1, 0
he d O in t r re ve nu es an co m e	2 1, 4	2 0, 0	1, 4	7, 1 %
O S O O T T A L R E V E N U E A N D T H E R I N C M E	3 0 0, 6	2 9 6, 3	3 4,	% 1, 5
Op in t ts er a g co s	( ) 1 0 5, 5	( ) 1 0 6, 1	0, 6	‐0, 6 %
l Pe ts rso nn e co s	( ) 1 2 5, 5	( ) 1 2 2, 4	( ) 3, 1	2, 5 %
d d A j I A E B T D te us	6 9, 6	6 8 7,	1, 8	2, 6 %
Pe % nt rce ag e on rev en ue s	2 3, 2 %	2 2, 9 %
d d No in in n‐ or ar y co m e an ex p en se s	1, 4	4, 3	( ) 2, 9	‐6 7, 4 %
E B I T D A	7 1, 0	7 2, 1	( ) 1, 1	% ‐1, 5
d De ia io Am isa io t t t p re c n an or n	( ) 4 0, 7	( ) 4 1, 1	0, 4	‐0, 9 %
E B I T	3 0, 3	3 0 1,	( ) 0, 7	‐2, 2 %
Pe % nt rce ag e on rev en ue s	1 0, 1 %	1 0, 5 %
f l in ia in Ne t an c co m e	( ) 2, 4	( ) 0, 6	( ) 1, 8	2 9 2, 2 %
l f d by ho d Re ie i t te ty t su o co m p an s ac co un eq u m e	8, 0	5, 9	2, 1	3 5, 3 %
E A R N I N G S B E F O R E T A X	3 5, 9	3 6, 3	( ) 0, 4	‐1, 1 %
In ta co m e x	( ) 5, 0	( ) 7, 7	2, 7	% ‐3 5, 4
N E T R E S U L T F O R T H E P E R I O D	3 0, 9	2 8, 6	2, 3	8, 2 %
in i ie M t or s	0, 6	0, 1	0, 5	n. m
G O U N S U L R P E T R E T	3 0, 3	2 8, 5	1, 8	6, 3 %

2019 and 2018 were made based on a comparable scope of consolidation, i.e., by consolidating the company ATV (subsidiary as from 12 February 2018) from 1 January 2018

FNM Group| FY 2019 Segment Information

RailwayInfrastructure

Road Mobility

l l E i i r o m o n u	2 0 1 9	2 0 1 8	V a r.	V % a r.
b l P i S i A t u c e r v c e g r e e m e n s l l k R i S t o n g o c h O t e r s	9 9, 6 8, 5 1 6, 5	9 9, 7 8, 5 1 4, 0	( ) 0, 1 0, 0 2, 5	‐0 1 % , 0, 1 % 1 8, 1 %
l T R t o a e v e n u e s	1 2 4, 6	1 2 2, 2	2, 4	2, 0 %

l l E i i u r o m o n	2 0 1 9	2 0 1 8	V a r.	V % a r.
b l P i S i A t u c e r v c e g r e e m e n s k T i i t c e n g h O t e r s	4 6, 4 6 2, 3 9, 6	4 6, 2 6 0, 0 9, 6	0, 2 2, 4 0, 1	0, 3 % 3, 9 % 0, 7 %
l T R t o a e v e n u e s	1 1 8, 4	1 1 5, 8	2, 6	2, 2 %

d j. E B I T D A A	4, 2	7, 5 ‐	3, 3	% 4 4, 1 ‐
d E B I T D A A j. %	3, 4 %	6, 2 %
E B I T	4, 4	9, 1 ‐	4, 7	5 1, 7 % ‐

d j. E B I T D A A	1 3, 2	9, 8	3, 4	3 4, 7 %
d j. % E B I T D A A	1 1, 2 %	8, % 5
E B I T	1, 7 ‐	2, 1	3, 8 n.	s.

& i R S C S o o e r v c e s

l l E i i u r o m o n	2 0 1 9	2 0 1 8	V a r.	V % a r.
l l k R i S t o n g o c h O t e r s	5 5, 9 2 6, 7	5 4, 7 2 7, 5	1, 2 ( ) 0, 7	2, 2 % ‐2 6 % ,
l T R t o a e v e n u e s	8 2, 6	8 2, 1	0, 5	0, 6 %

d j. E B I T D A A	5 2, 2	5 0, 5	1, 7	3, 4 %
d j. % E B I T D A A	% 6 3, 2	% 6 1, 5
E B I T	2 4, 2	2 4, 0	0, 2	% 0, 8

FNM Group| FY 2019 Associates Result by Company

h d A i E t t m o u n s n o u s a n s u r o s	2 0 9 1	2 0 8 1	V a r.
* d l T S r e n o r r	1 5 9 8	9 1 1	6 8 7
O G S N R D E N E R I A A p	3 3 7 7	2 9 2 7	5 8 5
l l C i S D B I t a r o a a r g	2 2 1 7	9 8 8	3 7 4
* b l O i i i i S P t m n s a r e c p a o n r u z	1 1 9 2	1 3 2 5	( ) 3 3 1
d N C S A o r o m p	4 6 0	1 7 3	2 8 7
l C S o n a m r	5 5	5 7	( ) 2
l. A T V S r.			‐
l l d i i i i S M S S t e r n q u a o n	3 4	1 8	1 6
l i F S u o r m u r o r	( ) 3 9 1	( ) 3 8 2	( ) 9
l l T R t t o a e s s u	8 0 4 7	8 8 2 5	2 1 6 5

* includes the result of TILO SA

** includes the result of CMC MeSta SA

*** includes the result of ASF Autolinee Srl

FNM Group| FY 2019 Consolidated Balance Sheet

mil lion Eur o	/ / 3 1 1 2 2 0 1 9	/ / 31 12 201 8 PR O‐ FO RM A IFR S 16	Va r.	/ / 3 1 1 2 2 0 1 8
Inv ies to en r	8, 9	7, 0	1, 9	7, 0
Cu iva b les nt rre rec e	2 1 5, 5	2 1 5 1,	( ) 2 5, 7	2 1 5 1,
b les Cu nt rre p ay a	( ) 2 6 6, 7	( ) 1 5 3, 9	( ) 1 1 2, 9	( ) 1 5 3, 9
Ne Wo k ing Ca ita l t r p	( ) 1 3 2, 3	4, 3	( ) 1 3 6, 6	4, 3
No t set n‐c ur ren as s	3 2, 3 4	6 0, 8 4	( ) 2 8, 6	2, 8 4 5
Eq ity int sts u ere	8 4, 9	8 3, 4	1, 5	8 3, 4
b les No iva t n‐c ur ren rec e	2 1, 6	2 6, 8	( ) 5, 1	2 6, 8
b les No t n‐c ur ren p ay a	( ) 2 8, 2	( ) 7 0, 2	4 2, 0	( ) 7 0, 2
is ion Pro v s	( ) 6 0, 9	( ) 4 7, 5	( ) 1 3, 4	( ) 4 7, 5
/ b l he l d fo le As L ia i it ies set s r sa	2 9, 5	0, 0	2 9, 5	0, 0
N E T I N V E S T E D C A P I T A L	3 4 6, 9	4 5 7, 7	( ) 1 1 0, 8	4 4 9, 6
Gr Eq ity ou p u	4 5 4, 3	4 3 5, 2	1 9, 1	4 3 5, 2
( ) ina ia l it ion Ca h Ne F Po t nc s s	( ) 0 1 7, 4	2 2, 5	( ) 2 9, 9 1	1 4, 4
O S O C S T T A L U R E	3 6, 9 4	4 5 7, 7	( ) 0, 8 1 1	9, 6 4 4

Of which at 31/12/2019:

• • Trains €313.4 mn
• • Autobus €37.9 mn

NFP Breakdown

mil lion Eur o	/ / 3 1 1 2 2 0 1 9	/ / 31 12 201 8 PR O‐ FO RM A IFR S 16	Va r.	/ / 3 1 1 2 2 0 1 8
d L iq i ity u	( ) 1 5 6, 4	( ) 1 1 6, 9	( ) 3 9, 5	( ) 1 1 6, 9
Cu f ina ia l iva b les nt rre nc rec e	( ) 9, 3 4	( ) 3 4 5,	( ) 4, 1	( ) 3 4 5,
f l de bt Cu ina ia nt rre nc	9 4, 4	3 3, 7	6 0, 6	3 2, 2
( ) ina ia l it ion Ca h Ne F Po t nt cu rre nc s s	( ) 1 1 1, 4	( ) 2 8, 1 5	1 7, 1	( ) 3 0, 0 1
f l de bt No ina ia nt n cu rre nc	7 1, 5	1 3 6, 0	( ) 6 4, 4	1 2 9, 5
d d l ( h A j Ne F in ia Po i io Ca te t t us an c s n s	( ) 3 9, 9	7, 5	( ) 4 7, 4	( ) 0, 5
de bt fo fu de d by T im ing in C A P E X R L t ne r n	( ) 6 7, 6	1 5, 0	( ) 8 2, 6	1 5, 0
l ( h ) Ne F in ia Po i io Ca t t an c s n s	( ) 1 0 7, 4	2 2, 5	( ) 1 2 9, 9	1 4, 4

The FNM Group | The core business: Road mobility – E‐Vai

The FNM Group | The core business: Freight mobility

Malpensa Intermodale was launched in December 2018 with the objective of offering to the intermodal and logistics market innovative solutions that are structured on customers' needs. The purpose of the Company is to promote, develop, manage and market all activities correlated with the transportation of goods, offering spaces and services to operators.

Malpensa Intermodale manages and markets the intermodal centre of Sacconago/Busto Arsizio (VA).

The area dedicated to intermodal activities:

• no. 2 operating tracks with a length of 600 m;
• no. 3 pick‐up and delivery tracks, electrified and with capacity from 625 m to 695 m;
• an entirely electrified shunt line with a length of 650 m

The Sacconago Intermodal Terminal has a total extension of approximately 48,000 square metres divided in:

• a 35,500 square metre intermodal area;
• a 1,500 square metre office area;
• a 4,200 square metre access / acceptance area.
• The terminal is connected to the FN network interconnected with RFI benefits from a development area for services and logistics of over 200,000 square metres

The FNM Group | Corporate structure and business segments

Updated as of December 2019