REGULATED PRESS RELEASE

from EIFFAGE (EPA:FGR)

APRR revenue and traffic for Q3 2024

image

Vélizy-Villacoublay, October 17, 2024

17:40

Press release

APRR revenue and traffic for Q3 2024

 

AS OF SEPTEMBER 30, 2024

Consolidated revenue

 

  in millions of euros

As of 30/09/2023

As of 30/09/2024

Change (%) 2024/2023

  APRR and AREA toll turnover

2,173.9

2,256.7

+3.8%

  Revenue from commercial, telecom and other facilities for APRR and AREA

102.7

106.1

+3.4%

  Subtotal APRR and AREA revenue

2,276.6

2,362.9

+3.8%

  Aliaé revenue (A79)

  Of which from commercial facilities

34.1 8.0

38.3 9.9

+12.4%

+23.6%

  Revenue excluding Construction

2,310.7

2,401.2

+3.9%

  Construction revenue (Ifric 12)*

140.0

144.6

+3.3%

APRR's consolidated revenue excluding Construction amounted to €2,401.2 million as of September 30, 2024, compared with €2,310.7 million as of September 30, 2023, an increase of 3.9% (12.4% for Aliaé (A79)).

 

 

Traffic

 

APRR

 and AREA networks

 in millions of km travelled

As of 30/09/2023

As of 30/09/2024

Change (%) 2024/2023

 Light vehicles

16,802

16,778

-0.1%

 Heavy goods vehicles

3,003

2,969

-1.1%

 Total

19,805

19,746

-0.3%

Total traffic, measured in terms of kilometres travelled, was down 0.3% on 30 September 2024 compared to the previous year. Light vehicle traffic decreased by 0.1% and heavy goods vehicle traffic by 1.1%.

Ali

aé Network (A79)

 in thousands of km travelled

As of 30/09/2023

As of 30/09/2024

Change (%) 2024/2023

 Light vehicles

219.0

240.9

+10.0%

 Heavy goods vehicles

105.3

108.3

+2.9%

 Total

324.3

349.2

+7.7%

 

Q3 2024

Consolidated revenue

 

  in millions of euros

Q3 2023

Q3 2024

Change (%) 2024/2023

  APRR and AREA toll turnover

803.9

843.5

+4.9%

  Revenue from commercial, telecom and other facilities for APRR and AREA

39.2

42.0

+7.0%

  Subtotal APRR and AREA revenue

843.1

885.4

+5.0%

  Aliaé revenue (A79)

  Of which from commercial facilities

13.5 3.9

15.0 4.6

+11.2%

+17.7%

  Revenue excluding Construction

856.6

900.4

+5.1%

  Construction revenue (Ifric 12)*

55.8

39.0

Ns

APRR's consolidated revenue excluding Construction amounted to €900.4 million in Q3 2024, compared with €856.6 million in Q3 2023, an increase of 5.1% (11.2% for Aliaé (A79)).

 

Traffic

 

APRR and AREA networks

 in millions of km travelled

Q3 2023

Q3 2024

Change (%) 2024/2023

 Light vehicles

6,673

6,704

+0.5%

 Heavy goods vehicles

944

961

+1.7%

 Total

7,617

7,664

+0.6%

Total traffic, measured in the number of kilometres travelled, increased by 0.6% in the 3rd quarter of 2024 compared to the previous year. Light vehicle traffic increased by 0.5% and heavy goods vehicle traffic by 1.7%.

 

 

Aliaé

Network (A79)

 in thousands of km travelled

Q3 2023

Q3 2024

Change (%) 2024/2023

 Light vehicles

104.4

110.6

+5.9%

 Heavy goods vehicles

33.5

35.2

+5.0%

 Total

137.9

145.7

+5.7%

 

(*) Reminder: the application of the Ifric 12 interpretation since 1st January 2009 implies the recognition of a Construction turnover corresponding to the construction services of the infrastructures carried out by the concession companies on behalf of the Grantor and whose works are entrusted to third parties and accounted for in progress.

 

 

Highlights

On 16 October 2024, S&P confirmed APRR's A- credit rating with a stable outlook.

On 15 October 2024, signature by the French government and AMEDEA (an Eiffage subsidiary in a consortium with APRR) of the concession agreement for the A412 motorway between Machilly and Thonon-les-Bains (Haute-Savoie department).

On September 12, 2024, APRR successfully placed a new €0.5 billion bond issue due January 2034 with a coupon of 3.125%.

 

 

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