ADP: 9m sales up almost 12%

(CercleFinance.com) - Aéroports de Paris (ADP) has reported an 11.
9% increase in sales to 1.87 billion euros for the first nine months of 2021, mainly thanks to the recovery in traffic at TAV Airports (+55.2%) and AIG (+75.3%).

Revenues in the aviation (+0.1%) and real estate (-1.2%) segments were pretty flat stable, while revenues in the retail and services segment rose by 4.9% to 534 million euros.

The airport group confirms its traffic assumptions and targets for 2021, including an estimated group EBITDA/revenues ratio of 15% to 20%. The company is also aiming for a net financial debt/EBITDA ratio of six to seven times by the end of 2022.


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