Aeroports de Paris : Q3 revenue lower than expected, 2020 traffic scenario revised downwards
>Q3 revenue down 64% - After having posted a 67% downturn in traffic in Q3, ADP has just reported a 64.1% drop in revenue to € 480m, thus falling 9.6% short of expectations. The figures disappointed for its Paris and international airports alike.Aviation revenues fell by 56.4% (consensus -55%) and were therefore more or less in line with expectations, but Retail revenues were a little disappointing (-67.1% vs consensus -61%). International revenues also came...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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