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Aeroports de Paris revenue up 6.2% in 1Q2010

13-May-2010 11:45 AM

France’s Aeroports de Paris revenue up 6.2% - consolidated revenue highlights for the three months ended 31-Mar-2010:

  • Total revenue: EUR646.2 million, +6.2% year-on-year;
    • Aviation: EUR331.2 million, +5.1%;
      • Aeronautical: EUR176.5 million, +3.2%;
      • Ancillary fees: EUR44.9 million, +3.5%;
      • Airport fees: EUR98.0 million, +9.2%;
      • Other: EUR11.8 million, +6.2%;
    • Retail: EUR230.4 million, +5.3%;
    • Real estate: EUR57.2 million, +6.9%;
    • Ground-handling and related services: EUR44.6 million, -1.8%;
    • Other: EUR70 million, +19.4%;
  • Passenger numbers: 18.2 million, +0.8%. [more]

Aeroports de Paris: "Traffic slightly increased during the first quarter of 2010, in an economic context that remains difficult. The Aéroports de Paris revenue increased by 6.2%. Our recent acquisitions in real estate and diversification activities have supported this positive trend. Retail activities have also delivered very good performance throughout the quarter, with sales per passenger up 10.8%, thanks to a dynamic commercial policy,Pierre Graff, Chairman and CEO. Source: Aeroports de Paris, 12-May-2010.

Aeroports de Paris: "In February 2010, Aéroports de Paris made the assumption that traffic would grow by 0.5% in 2010. Considering the closure of the Paris-Charles de Gaulle and Paris-Orly airports in April following the eruption of the Eyjafjöll volcano, which had an estimated impact of 1.4 million passengers, and thanks to a more favourable outlook than initially anticipated for the upcoming months, Aéroports de Paris is now assuming that traffic in 2010 would be of the same order of magnitude as traffic in 2009. On this basis, Aéroports de Paris still anticipates a slight revenue growth in 2010 compared to 2009 and a 2010 EBITDA in the range of 2009 EBITDA," Company statement. Source: Aeroports de Paris, 12-May-2010.