Source: Marketscreener

Groupe ADP: Groupe ADP Reports 12.2% Revenue Surge in Q1, Confirms Outlook

Groupe ADP announced on Thursday a 12.2% jump in first-quarter revenue, attributing the rise to growth across all business segments and reaffirming its annual targets. ADP, the operator of Orly and Roissy-Charles-de-Gaulle airports, posted revenue of €1.49 billion for the first quarter, up from €1.32 billion a year earlier. The "Aeronautical Activities" segment increased by €33 million, driven by higher passenger traffic in Paris. The "Retail and Services" segment advanced by €63 million, while the "International & Airport Developments" segment grew by €62 million, according to the company statement. The group also confirmed its forecasts and objectives for 2025. (Written by Noemie Naudin, edited by Augustin Turpin) Groupe ADP announced on Thursday a 12.2% jump in first-quarter revenue, attributing the rise to growth across all business segments and reaffirming its annual targets. ADP, the operator of Orly and Roissy-Charles-de-Gaulle airports, posted revenue of €1.49 billion for the first quarter, up from €1.32 billion a year earlier. The "Aeronautical Activities" segment increased by €33 million, driven by higher passenger traffic in Paris. The "Retail and Services" segment advanced by €63 million, while the "International & Airport Developments" segment grew by €62 million, according to the company statement. The group also confirmed its forecasts and objectives for 2025. (Written by Noemie Naudin, edited by Augustin Turpin)

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Annual Revenue
$5.0-10B
Employees
10-50K
Philippe Pascal's photo - Chairman & CEO of Groupe ADP

Chairman & CEO

Philippe Pascal

CEO Approval Rating

90/100

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