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18-Feb-2021 2:20 PM

Groupe ADP reports EUR1.4bn operating loss in 2020

Groupe ADP reported (17-Feb-2021) the following financial highlights for the 12 months ended 31-Dec-2020:

  • Revenue: EUR2137 million, -54.5% year-on-year;
    • Aviation: EUR860 million, -55.4%;
      • Airport fees: EUR421 million, -63.7%;
        • Passenger fees: EUR218 million, -70.0%;
        • Landing fees: EUR119 million, -54.6%;
        • Parking fees: EUR84 million, -51.1%;
      • Ancillary fees: EUR83 million, -66.7%;
      • Revenue from airport safety and security services: EUR326 million, -32.4%;
    • Retail and services: EUR645 million, -57.1%;
      • Retail activities: EUR313 million, -67.7%;
      • Advertising: EUR26 million, -54.7%;
      • Car parks and access roads: EUR77 million, -55.0%;
    • Real estate: EUR280 million, +2.2%;
    • International and Airport developments: EUR441 million, -59.2%;
      • TAV Airports: EUR299 million, -59.9%;
      • AIG: EUR77 million, -69.2%;
  • EBITDA: EUR168 million, -90.5%;
  • Operating profit (loss): (EUR1374 million), compare to a profit of EUR1081 million in p-c-p;
  • Net profit (loss): (EUR1516 million), compared to a profit of EUR637 million in p-c-p;
  • Total assets: EUR18,570 million;
    • Cash and cash equivalents: EUR3463 million;
  • Total liabilities: EUR14,357 million. [more - original PR]

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