Résultats annuels 2024 - Groupe ADP (en anglais)

Retail and services subsidiaries

RETAIL SUBSIDIARIES & JVS

Functional Currency

Ownership as of 31/12/2024

Company

Activity

Notes

Consolidation method

Extime Duty Free Paris (ex. Société de Distribution Aéroportuaire)

JV with Lagardère Duty Free

51%

Full consolidation

EUR

Retail

Extime Travel Essentiels (ex. Relay@ADP)

JV with Lagardère Travel Retail

50%

Full consolidation

EUR

Travel Essentials

Extime Média (ex. Média ADP)

JV with JC Decaux

50%

Full consolidation

EUR

Advertising

Bars & restaurants

JV with Select Service Partner (SSP)

50%

Equity accounting

EUR

EPIGO

Equity accounting 2

JV with Select Service Partner (SSP)

50%

EUR

Extime Food & Beverage Paris

Bars & restaurants

Acquisition in October 2024

100%

Full consolidation

EUR

Paris Expérience Group

Touristic Experiences

P/S (ex. Private Suite)

Acquisition in October 2024

100%

Full consolidation

USD

Private terminals

RECENT DEVELOPMENTS

◆ Epigo merged with Extime Extime Food & Beverage Paris on July 8 th 2024

Extime Travel Essentials Paris :

◆ Lagardère selected as co-shareholder in July 2023 .

◆ Operations started on February 1 st , 2024, for a 10-years period.

Extime Food & Beverage Paris

◆ SSP selected as co-shareholder in October 2021, for a 11-years period.

◆ The sale of 50% of Extime Food and Beverage shares was finalized at the end of October 2023 .

◆ Since then, the company has been equity accounted 1 .

◆ Acquisition of 100% of Paris Experience Group and of P/S in October 2024 for a combined €360M.

32

1 Extime Food & Beverage Paris was fully consolidated until October 2023, and is since consolidated under the equity method. See next slide.

FY 2024 RESULTS - GROUPE ADP

Made with FlippingBook Annual report maker