Aéroports du Paris 2010 half year financial results: growth despite the downturn in traffic, 巴黎机场
Release Date: 2010-08-31
Results in progression despite the decrease in traffic of 2.1%:- Revenue up by 2.5%1 to €1,318.4 million
- EBITDA2 up by 2.1% to €432.3 million
- Net income attributable to the Group up by 8.2% to €137.7 million
Outlook for 2010:
- Passenger traffic in the same order of magnitude in 2010 as in 2009
- Slight growth in 2010 revenue compared to 2009
- New EBITDA guidance : in slight growth compared to 2009
Economic Regulation Agreement (ERA) for the 2011-2015 period signed the 23rd of July:
- Ambition for decisive improvement in quality of service during the course of the ERA
- €2.4 billion in investments planned for Aéroports de Paris Company including €1.8 billion on the regulated perimeter
- Tariff moderation policy
Pierre Graff, Chairman and Chief Executive Officer of Aéroports de Paris, said: “Traffic was severely disrupted in April by the eruption of the Icelandic volcano Eyjafjöll. Despite this, Aéroports de Paris Group’s results for the 1st half of 2010 are satisfying, due in particular to
the increase in revenue per passenger achieved in shops within restricted areas. These results are due to the efforts made over a number of years to increase the contribution of retail, real estate and subsidiaries to the Group’s growth. Under these conditions and assuming passenger traffic in the same order of magnitude in 2010 as in 2009, we now anticipate a 2010 EBITDA in slight growth compared to 2009.
On 23 July 2010, Aéroports de Paris signed a new Economic Regulation Agreement with the State for the 2011-2015 period. During this period, the quality of service will be the strategic priority of the Company, which will tend to intensify its effort to reach the best standards among service companies in terms of customer satisfaction. Besides, the change in the regulated perimeter (commercial activities and diversification real estate will be out of the till), will constitute a key factor in encouraging improved performance and value creation on both the regulated and non-regulated perimeter."
| Type: | NORMAL |
| Company: | 巴黎机场 |