Résultats annuels 2024 - Groupe ADP (en anglais)

International and airport development

2024 – Income statement REVENUE (€M)

+20.9%

1,971

(18)

8

355

1,630

0

(4)

2023 Revenue

AIG

ADP Ingénierie

TAV Airports

SDA Croatie

Others

2024 Revenue

(in millions of euros)

2024

2023

2024/2023

Revenue

+20.9%

1,971

1,630

+341

Revenue: +€341M, driven by:

ADP International

+3.0%

307

298

+9

◆ TAV Airports revenue, up +27.2% , linked with the traffic growth (+11.5%), notably at Almaty. Rec. EBITDA up +€29.4M : mainly due to the increase in rec. EBITDA of TAV Airports (+€103M) and AIG (+€11M)

of which AIG

277

277

0

of which ADP Ingénierie

(25.0)%

12

16

(4)

TAV Airports

+27.2%

1,660

1,305

+355

Société de Distribution Aéroportuaire Croatie

-

-

18

-

Operating income: down -225M due to:

Rec. EBITDA

+29.4%

546

422

+124

◆ Share of profit or loss in associates and JVs , down -€368M , linked in particular to a non-cash charge as part of the GIL/GAL merger for -€330M, despite a reversal of an impairment for €152M relating to the extension of AIG concession

Share of profit or loss in associates and JVs

(497.3)%

(294)

74

(368)

Operating income from ordinary activities

(69.4)%

99

324

(225)

EBITDA / Revenue

27.7% 25.9%

1.8pts

Op. income from ordinary activities / Revenue

+20.9%

5% 19.9%

(14.9pts)

36

FY 2024 RESULTS - GROUPE ADP