Universal Registration Document 2022
PRESENTAT I ON OF THE GROUP 1 GROUP ACTIVITIES
1.1.3.2 Retail and services – Paris region platforms
Retail activities are at the heart of Groupe ADP’s growth dynamic and thus contribute to the financial performance and appeal of its airports. Aéroports de Paris acts as lessor, developer, promoter, and manager of retail activities through the retail subsidiaries Extime Duty Free Paris, Relay@ADP, EPIGO and Extime Food & Beverage Paris. Extime Duty Free Paris ( Société de Distribution Aéroportuaire ) and Relay@ADP have been fully consolidated in the Group’s financial statements since the second quarter of 2019. Extime Food & Beverage Paris is fully consolidated and EPIGO is accounted for using the equity method. Média Aéroports de Paris has been fully consolidated since 2016.
This segment, relating only to the Parisian activities, includes all retail activities (notably shops, bars and restaurants, car parks, and rentals within terminals), as well as the advertising activities (Media Aéroports de Paris) and the activities of retail distribution subsidiaries within airports (Extime Duty Free Paris, formerly Société de Distribution Aéroportuaire and Relay@ADP) and restaurant services (EPIGO and Extime Food & Beverage Paris). 1.1.3.2.1 General description of the retail activity The commercial activities of Aéroports de Paris refer to paid activities aimed at the general public: passengers, accompanying persons and staff working at the airports. These include, for example, shops, bars and restaurants, banks and foreign exchange counters, car rental, advertising and, more generally, any other paid-for service (Internet, service stations, etc.).
2022 1,442
2021
2022/2021
(in millions of euros)
Revenues
825 245
+€617 million +€368 million
EBITDA
613
Share of profit and loss of associates
0
0
+€0 million
PROFIT/LOSS FROM CONTINUING OPERATIONS
475
98
+€377 MILLION
1.1.3.2.2 Breakdown of revenue
2022 1,442
2021
2022/2021
(in millions of euros)
Revenues
825 428
+€617 million +€495 million +€320 million +€59 million +€80 million +€17 million +€18 million +€59 million +€9 million +€17 million +€37 million
Retail activities
922 631 95 119 35 149 156 140 41
Extime Duty Free Paris
311 36 40
Relay@ADP
Other Shops and Bars and restaurants
Advertising
18
Other retail income
23
Car parks and access roads
90
Industrial services
146 122
Rental income Other income
75
39
zone” or the “international zone”. In the latter, passengers on international flights to all countries outside the European Union, or to the French Overseas Territories (DROM-COM), can purchase products duty free.
The retail activities carried out in landside areas are located before security check-points (customs, border police, and security checks) and anyone can make purchases there. Retail activities carried out in airside areas are located after the security check points. The airside zone includes spaces known as the “Schengen
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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 2022
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