Report
Sven Edelfelt

Eiffage : APRR: Fall in traffic of 8.2% in Q1 2020

>Traffic down -9.1% for LVs and -4.3% for HGVs - APRR has reported traffic down 8.2% in Q1 2020, which was better than our expectations (ODDO BHF: -11% est.).This decline was penalised by light vehicle traffic, down 9.1% in Q1 2020 (ODDO BHF’s estimate: -11.7%); HGV traffic was down -4.3% (ODDO BHF’s estimate: -8.3%).While traffic had been very good over the first 2 months of the year (+10.1%, of which +1.3% for heavy goods vehicles and +12.2% for light vehi...
Underlying
Eiffage SA

Eiffage is a construction and concessions group. Co.'s operations are organized into five divisions. The Concessions and PPPs division is engaged in construction and operating of infrastructures under concessions and public private partnerships. Through the Construction division, Co. is engaged in building design and construction, property development and building maintenance. Through the Public works division, Co. is engaged in civil engineering, road construction, infrastructure maintenance and material production. The Energy division specializes in electrical contracting and air conditioning. Through the Metal division, Co. is engaged in metallic construction and services to industry.

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
Sven Edelfelt

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