Eiffage: UBS remains Buy after APRR sales figures

(CercleFinance.com) - The analyst highlights the solid performance of APRR sales in Q2.
Following this announcement, it confirms its Buy recommendation on the stock, with a price target of E 145, representing a potential upside of 56% compared with the current price.

'APRR outperforms 2nd quarter revenue estimates, with revenues up 4% year-on-year', says UBS.

APRR's consolidated sales excluding Construction amounted to 789.0 million euros in Q2 2024, compared with 759.0 million euros in Q2 2023, an increase of 4.0% (+15.5% for Aliaé (A79)). Total traffic in Q2 2024 was down 1.0% year-on-year, for both light and heavy vehicles.

Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.