Report
Sven Edelfelt

Eiffage : APRR - strong increase in traffic in Q2 2018

>Strong increase in Q2 (French train strike): +4.5% vs +3.4% est. H1 2018: +4.6% (vs FY 2018: +1.6% est.). - Q2 2018 traffic: +4.5% (light vehicles +4.3%, HGVs +6.3%) vs +3.4% est. The price-mix effect worked out at 2.5% over the quarter. This favourable performance is attributable to the holiday weekends in France (1, 8 and 10 May) and the strikes by French national rail operator SNCF (which prompted passengers to travel via motorway rather than rail). HGV trends con...
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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