ADP reported strong figures in H1, boosted by the integration of TAV airports and AIG, representing about 30% of revenues. Including the Air France-KLM strikes, Paris Aéroport showed weaker results (traffic grew by 3% vs 4.6% excluding the strikes). Excluding the impact of the recent integrations, EBITDA decreased by 6.3% yoy. The group has revised its guidance thanks to the impact of the recent acquisitions. But, excluding these, the guidance remains unchanged.
31 Jul 2018
Hit by AF-KLM strikes
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Hit by AF-KLM strikes
Aeroports de Paris ADP (ADPA:WBO) | 0 0 1.3% | Mkt Cap: 16,338m
- Published:
31 Jul 2018 -
Author:
Marc Laubel -
Pages:
2
ADP reported strong figures in H1, boosted by the integration of TAV airports and AIG, representing about 30% of revenues. Including the Air France-KLM strikes, Paris Aéroport showed weaker results (traffic grew by 3% vs 4.6% excluding the strikes). Excluding the impact of the recent integrations, EBITDA decreased by 6.3% yoy. The group has revised its guidance thanks to the impact of the recent acquisitions. But, excluding these, the guidance remains unchanged.