Report
Olfa Taamallah ...
  • Yan Derocles

Aeroports de Paris : Q3 2019 sales 2.9% ahead of expectations but guidance reiterated

>Q3 2019 sales 2.9% ahead of the consensus but a gap mainly from SDA - Q3 2019 sales came in 2.9% ahead of the consensus expectations at € 1,341m (ODDO BHF: € 1,319m, consensus: € 1,303m), i.e. an increase of 19.2% vs Q3 2018 sales restated after the discontinuation of activity at Istanbul’s Atatürk airport on 6 April 2019. However, we think that the share price reaction will be marginal as the lion’s share of the difference with our estimates comes from SDA for which...
Underlying
Aeroports de Paris SA

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Olfa Taamallah

Yan Derocles

ResearchPool Subscriptions

Get the most out of your insights

Get in touch