The traffic trend continues to record a constant improvement and in the first week of September Italy recorded a traffic growth of 6.9% compared to 2019, accelerating compared to + 3/4% in August (-15% YTD vs . 2019). A similar situation was recorded in France with a 7% growth in traffic vs a growth between 0-4% in August (-15% YTD vs. 2019), while in Spain the trend was + 53% due to a non-homogeneous comparison (term Acesa concession) and a trend of -17% YTD vs. 2019. In Latam all countries are positive with Brazil at + 11% (-2% YTD vs 2019), Chile at + 14% (-10% YTD vs. 2019) and Mexico at + 2% (+1 % YTD vs. 2019). According to Equita, the traffic trend on motorways in Europe is stabilizing at similar or slightly better levels than in 2019, results expected for 2022. The Nice trend among airports is positive, while ADR seems to stabilize on more significant drops (-70% on average in 2021).