15-May-2013 1:42 PM

Aéroports de Paris 1Q2013 revenue up 9%, reaffirms 2013 guidance

France's Aéroports de Paris reported (14-May-2013) the following revenue highlights for three months ended 31-Mar-2013:

  • Revenue: EUR653 million, +9.0% year-on-year;
    • Aviation: EUR375 million, +7.9%;
      • Aeronautical fees: EUR195 million, +4.0%;
      • Ancillary fees: EUR56 million, +27.8%;
      • Airport security tax: EUR113 million, +7.7%;
    • Retail and services: EUR234 million, +6.4%;
      • Retail: EUR84 million, +12.8%;
      • Car parks: EUR39 million, +3.7%;
      • Industrial services: EUR29 million, +5.9%;
      • Rental revenue: EUR26 million, +7.3%;
    • Real estate: EUR66 million, +8.1%;
    • Airport investments: EUR4 million, +19.4%. [more - original PR]

The airport also confirmed its 2013 target of a stable traffic and slight growth in revenue and EBITDA.

Aéroports de Paris: "Over the first quarter of the year, despite a slight decrease in traffic, consolidated revenue grew by 9.0%, driven by all Group activities. It was impacted by exceptional fees linked to snow falls, that directly find their counterparts in operating costs. Concerning duty-free retail activities, sales/pax3 presents a growth of 9.5% to reach EUR17.8 thanks to satellite 4 and A/C junction openings in Paris-Charles de Gaulle. Those results illustrate the strength of Group economic fundamentals and confirm its resilience and sustainable growth abilities. Assuming that traffic remains stable, we confirm our 2013 targets of a slight growth in revenue and EBITDA," Augustin de Romanet, Chairman and CEO. Source: Company statement, 14-May-2013.

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