Aeroports de Paris : Solid volume and mix in December – 2019 prices not approved but ADP has not said its last word
>Solid December (+3.8%) enables the group to beat the guidance (+3.5%) - Yesterday evening ADP reported good figures for December with traffic showing growth of 3.2% including 3.7% at CDG and 2% at Orly. Over the full year, ADP handled 105.3m passengers (+3.8% despite the Air France strike), exceeding the upper bound of its traffic growth target of 3.5% (Oddo BHF: 3.5%e). For its part, traffic at TAV Airports (of which ADP owns 46.1%) grew 4.3% in December, while that...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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