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.
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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
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