ADP: H1 income up 64.5%

(CercleFinance.com) - ADP reports sales of E2,887m for H1 2024, up 13.
4% y-o-y.

At the same time, EBITDA rose by 9.3% to E943m, with operating income before non-recurring items at E681m (+51.7%), while net income, group share rose 64.5% to E347m.

ADP benefited in particular from an increase in group traffic of 170.2 million passengers, up 9.7%.

The target of at least 4% EBITDA growth in 2024 has been confirmed, as are our other assumptions, forecasts and targets for 2024 and 2025, CEO Augustin de Romanet said.


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