Aeroports de Paris : 2021 EBITDA well above estimates. Pending details on the 2025 roadmap...
>2021 EBITDA well above estimates - ADP yesterday evening reported higher-than-expected 2021 results. Revenues for 2021 came to € 2,777m, -40% vs 2019 (penalised by traffic down 54.6% vs 2019) of which -13% in Q4, while the consensus had forecast -20%. While Q4 traffic was down 38.3% vs 2019, the aviation and above all retail businesses at the Paris airports brought a positive surprise (aviation sales down 26% and retail at -20% vs 2019).At € 751m, FY EBITDA was ...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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