Universal Registration Document 2022
PRESENTAT I ON OF THE GROUP
GROUP ACTIVITIES
Airport engineering on behalf of third parties Airport engineering’s mission for third parties is to advise and support airport players throughout the airport’s life cycle through their multiple skills ranging from engineering to architecture, studies and works supervision. Still mainly driven by ADP Ingénierie, a wholly-owned subsidiary of ADP International, it will be integrated into ADP International through the “ADP Airport Services” label, launched in the spring of 2022. The aim is to bring together and develop synergies between all international consulting activities under a single brand, covering the entire field of airport activities, including operations. In this context, and by drawing on the expertise and skills of its employees deployed in a selection of strategic locations (Middle East, Asia, including China, and the United States), Groupe ADP seeks to maintain and develop long-term relationships with its foreign customers, by anticipating their needs. Airport engineering activities on behalf of third parties are carried out: ◆ in the upstream planning and program phase, by conducting several types of technical and economic studies (feasibility studies, traffic forecasts, dimensioning of facilities, site plans) for private and public investors; ◆ in the initial design phase, by preparing pre-projects; ◆ in the phase of detailed design and preparation of tender documents for companies; ◆ during the construction phase, by assistance and/or supervision of works, preparation and commissioning of facilities; ◆ during the airport operations phases via consulting and studies for the transformation or optimisation or upgrading to standards of existing infrastructure. Due to its specialisation in the airport sector, ADP Ingénierie has suffered particularly from the impact of the Covid-19 crisis on air transport. At the end of 2020, the Group’s Management had presented to the Social and Economic Committee (CSE) of ADP Ingénierie a project for the out-of-court closure of the company as part of a restructuring of the engineering activity within the Group and a draft employment protection plan (PSE). The latter was validated in June 2021 by the ministry for Labor services (DRIEETS 91). This restructuring led to the cessation of ADP Ingénierie’s French activities and the takeover by ADP International of the entities based abroad after adjustment of the workforce. This recovery should be finalised by the end of 2023. Engineering activity for third parties in 2022 was characterised by: In the Middle East, Central Europe and Africa: ◆ a continuation of the historical activity in the United Arab Emirates; ◆ new activities in Saudi Arabia; ◆ the continuation of upstream consulting activities for the development of a number of African airports (Djibouti, Zanzibar, and Dar-es-Salaam).
the new terminal at the Republic of Mauritius International airport, since 2008. ADP International exercised, on 7 January 2022, the put option on shares held by ADP International in the share capital of ATOL as provided for in the agreements binding the shareholders of this company. The sale of these shares was completed on 28 January 2022. SERVICE CONTRACTS GRANTED BY ADP INTERNATIONAL OUTSIDE THE GROUP With a view to strengthening synergies between the Group’s various international areas of expertise, Groupe ADP via its subsidiary ADP International is restructuring its service activities. This initiative is deployed in close coordination with TAV and GMR. Under the name of Airport Services, it brings together international engineering activities on behalf of third parties and airport operating consulting, while including innovative dimensions (Smart Airport, Advanced Air Mobility -VTOL, hydrogen). Airport Services is structured in two areas: ◆ support for airport operations (activity currently carried out mainly within the Group and being rolled out outside the Group): assistance throughout the value chain of management and airport operational management (TSA – Technical services agreement; O & M – Operations and maintenance), preparation for the commissioning of airport infrastructures (ORAT – Operational readiness and airport transfer ) and other advice and training; ◆ airport engineering for third parties: consulting/strategic planning, design and project management assistance. Support for airport operations Support for airport operations outside the Group was characterised by the following contracts in 2022: ◆ Saudi Arabia: ADP International signed a technical support contract with the Hajj terminal operator in 2007. The contract was renewed through the company MATAR for a period of one year until 31 December 2023; ◆ Benin: ADP International signed a management contract to operate Cotonou Airport in October 2018. In this context, Groupe ADP operates the entire Cotonou airport platform and monitors the airport’s investments so that the total capacity reaches 1.5 million passengers. ADP International provides the key management positions in the airport company and assists in the preparation of the Board of Directors meetings. In 2022, in the context of the recovery following the Covid-19 crisis, traffic reached 86% of the 2019 level; An extension of this contract is in place until March 2023; ◆ United States: 50% stake in Future Stewart Partners in charge of the operations, maintenance and the Retail and F&B program of New York Stewart International airport (IATA code: SWF) for an initial period of 10 years (until 2029). SWF is located 68 miles north of New York City and mainly serves the Hudson valley.
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AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 2022
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