As expected the results translate the new and challenging environment emerging from terrorism in several countries, including France, and lower growth in emerging countries. FY16 net profit guidance is revised downward. H1 16 results Revenue €1,416m; -€8m; -0.5% EBITDA €523m; +2.7%; +€14m EBIT €270m; -€43m mainly due to the decrease in the share of profit of associates of operating activities after adjustments due to participations (-€17m vs +€33m in 20
29 Jul 2016
H1 16 released: tough times for ADP and TAV
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H1 16 released: tough times for ADP and TAV
Aeroports de Paris ADP (ADPA:WBO) | 0 0 1.3% | Mkt Cap: 16,338m
- Published:
29 Jul 2016 -
Author:
Myriam Cohen -
Pages:
3
As expected the results translate the new and challenging environment emerging from terrorism in several countries, including France, and lower growth in emerging countries. FY16 net profit guidance is revised downward. H1 16 results Revenue €1,416m; -€8m; -0.5% EBITDA €523m; +2.7%; +€14m EBIT €270m; -€43m mainly due to the decrease in the share of profit of associates of operating activities after adjustments due to participations (-€17m vs +€33m in 20