Aeroports de Paris : Upward revision to our estimates underpinned by the strength of traffic and the acceleration of retail business
>A solid Q3 2018 publication... - ADP yesterday reported a solid set of Q3 2018 data, reflecting growth of 10.3% to € 1.254bn (and 4.9% excl. the factoring in of TAV and AIG), i.e. 2.5% above our estimates. This strong performance was driven by i/ an acceleration in growth in retail business (+8.5%) with a return in growth in spend per passenger that we estimate at +2% over the quarter (successful launch of the LVMH corner) thanks to a good passenger mix and to the we...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.