Real estate and ‘diversification’ carries AdP through “difficult economic environment"

Premium Analysis

Aeroports de Paris (AdP) has published consolidated financial highlights for the six months ended 30-Jun-09. Revenue has increased by almost 6% despite falling traffic, thanks to a better quarter (2Q09). New infrastructure, developments, higher charges for security, retail sales, rentals, contribution from ancillary businesses and even revenue from passengers with disabilities all played their part. But AdP relies heavily on Air France-KLM, which lost 20% of its revenues in the same period.

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