Eiffage : Q1 traffic penalised by social movements - Eiffage sales release on 14 May
>HGV traffic stable, light vehicle traffic down -3.9% in Q1 2024 - Yesterday evening APRR published a 0.6% decline in Q1 2024 (of which light vehicles +0.1% and HGV -3.9%), in line with our forecast (-1%e) and the trend observed at Sanef (-0.5% for Q1). Q1 was marked by the road blocks by farmers in January (traffic -4.5%) and the decline in visits to lower altitude ski stations in February (-2%). The traffic trend at Eiffage is similar to that observed at Vinci ...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.
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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