ADP: turnover higher than expectations, traffic close to pre-Covid level

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THE ADP Group (Aéroports de Paris) recorded turnover for the first nine months of the year above expectations, with passenger traffic returning to levels close to what they were before the Covid pandemic.

From January to September, the managers of Paris airports, Paris-Charles de Gaulle, Paris-Orly and Le Bourget, carried out a turnover of 4.12 billion euros, against an average analyst estimate of 4.07 billion euros according to a consensus provided by the group. Over this period, the recovery in traffic continued to reach 97.9% of traffic from the same period in 2019before the pandemic grounded air traffic in early 2020.

If Groupe ADP’s activities, linked to the increase in the number of flights, increased by 18.2%, the trend was mainly driven by ” shops and services » (+27.1%), due to “ a greater number of points of sale opened compared to the first nine months of 2022 », According to the airport manager.

The recovery in traffic in Paris continued in the 3rd quarter to reach, over the first nine months of 2023, 91.4% of traffic for the same period in 2019 compared to 90.0% at the end of June. Since the start of the year, our entire airport network has welcomed 254.7 million passengers, an increase in passenger traffic of +23.9% compared to the first nine months of 2022. The figure d Consolidated sales for the first 9 months of the year reached 4,121 million euros, up +21.8% compared to the same period in 2022. All business segments are progressing according to the anticipated trajectory and we can confirm our forecasts and objectives for the year 2023 », commented Augustin de Romanet, CEO of Groupe ADP.

We remain focused on preparing to host the Paris Olympic and Paralympic Games in 2024 and on the industrial and environmental transformation undertaken with our 2025 Pioneers strategic roadmap “, he added.

John Walker Avatar