Aeroports de Paris : Q1 revenue higher than expected, very sombre new 2020 scenario
>Revenue down 15.1% (excluding SDA). The decline gathered pace sharply in April - After reporting consolidated traffic down 10.1% in Q1, ADP has reported revenue down 5.6% at € 911m, beating consensus expectations (-8.6% to € 883m). Excluding the full consolidation of SDA and Relay@ADP, revenue was down 15.1%.Revenue from aviation activities, down 15% (consensus -20%), is resilient to the drop in traffic in Parisian airports (-20.9% in Q1 2020) due to the rigidit...Aeroports de Paris is the airport authority that owns and manages the fourteen civil airports and airfields in the Ile-de-France (Paris) area. Co. owns and operates the three main airports of the Ile de France region (Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget), 10 general aviation airfields and the Issy-les-Moulineaux heliport. In the three main airports, Co. provides facilities to accommodate passengers, airlines and cargo and postal services, and offers a range of services. Co.'s activities are divided into five business segments: Aviation, Retail and Services, Real Estate, Airport Investments and Other Activities.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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