Universal Registration Document 2024
PRESENTATION OF THE GROUP 1 GROUPE ADP’S ACTIVITIES
The 40% stake in GMR Megawide Cebu Airport Corporation (GMCAC) was sold with a first closing of 6.67% of the shares in December 2022, and a second closing for the balance of 33.33% in October 2024. GAL has completed the acquisition of the 11% minority stake in MAHB in Hyderabad International Airport Limited (GHIAL),
increasing its stake to 74%. GAL continued the process of acquiring Fraport's 10% minority stake in Delhi International Airport Limited (DIAL) 1 . The merger of GAL with GIL was completed in July 2024. Subsequently, GMR Airports Infrastructure Ltd (GIL) was renamed GMR Airports Ltd. (GAL).
1.1.2.5 Other activities The “Other activities” segment primarily covers the activities of Hub One and the re-billing of studies done for the CDG Express project.
2024/2023 change
2024
2023
(in millions of euros)
Income
189 168
180 163
+€9M +€5M +€8M +€8M
Hub One
Recurring EBITDA
38
30
OPERATING INCOME FROM ORDINARY ACTIVITIES
17
9
Hub One Hub One, a subsidiary of Aéroports de Paris, is an operator of digital technologies for companies and public organisations. Hub One is a leader in digital transformation in constrained environments where it relies on three areas of expertise: broadband connectivity, business line software and cybersecurity. Hub One offers the best technologies by offering proven solutions adapted to the needs and uses of professionals.
Hub One has over ten regional offices and more than 589 employees working daily with over 5,000 customers. It had revenue of €168 million in 2024, an increase of €5 million. In 2024, products from the Other Activities segment stood at €189 million, up 5.0% (up €9 million) compared to 2023. Segment recurring EBITDA is up 26.7% (up €11 million) compared to €30 million.
1 On 7 March 2025, GMR announced the acquisition of Fraport's 10% stake in Delhi Airport, increasing GAL's ownership in DIAL to 74% from that date.
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UNIVERSAL REGISTRATION DOCUMENT 2024 w AÉROPORTS DE PARIS
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