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Groupe ADP revenue meets expectations, with traffic close to pre-pandemic levels

Published 14/02/2024, 17:03
© Reuters. FILE PHOTO: The logo of Groupe ADP (Aeroports de Paris) is seen during the presentation of the company's 2018 half-year results in Paris, France, July 31, 2018.  REUTERS/Philippe Wojazer/FILE PHOTO

(Reuters) - French airport group ADP posted full-year revenue in line with expectations on Wednesday, as traffic almost recovered to pre-pandemic levels.

ADP posted revenue of 5.50 billion euros ($5.90 billion) for 2023, on par with analysts' average estimate in a company-compiled consensus.

Traffic at a group last year level reached 98.7% of 2019 levels, before COVID-19-related travel restrictions, and was at 92.3% of pre-pandemic levels for its Paris-region airports.

($1 = 0.9323 euros)

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