Report
Yan Derocles

Aeroports de Paris : Reduce maintained after Q3 sales publication

>No significant improvement in traffic expected before April - During the conference call organised in the wake of the Q3 2020 sales publication (see our comment of 23 October), ADP’s CFO was highly cautious regarding traffic momentum in Paris in the short term. Down by 75.9% between 1 and 20 October, traffic reflected a further deterioration relative to the preceding months (-73.5% in Q3). Consequently, the group has lowered its traffic guidance for the full year to ...
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
Yan Derocles

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