Airport Investor Resource
  • The Source
  • Investor Spotlight
  • IR Pulse
  • Operator Profiles
  • Deal Pipeline
  • Marketplace
  • About
  • Subscribe
  • Login

Stock Ticker

  • Loading stock data...
IR Pulse
A Step Closer to Normality as EASA Drops Mask Mandate
Menzies Aviation Expands in South America Through Agunsa Partnership
Finnair/Helsinki Worst Hit by Longer Routings Following Russian Airspace Sanctions
Ferrovial Strengthens Vertiports Team With Senior Hires From U.S. and U.K.
Airport Investor Resource
  • The Source
  • Investor Spotlight
  • IR Pulse
  • Operator Profiles
  • Deal Pipeline
  • Marketplace
  • About
  • Subscribe
  • Login

Groupe ADP Focuses on Financial Stabilization and Environment with the Suspension of Privatization

May 30, 2021

By Justin Lee (Singapore)

Groupe ADP is an international airport operator which owns and operates three French airports (Paris – Charles de Gaulle, Paris – Orly, and Paris – Le Bourget) under the brand name Paris Aéroport (Paris Airports). Groupe ADP also owns 46.1% of TAV Airports Holding,  a 51% stake in Airport International Group (concession holder at Queen Alia International Airport in Jordan), 49% of the share capital of India’s GMR Airport Limited and cross-owns 8% of the Schiphol Group.

The Group is owned by the company Aéroports de Paris SA, which is publicly-listed at the Euronext Paris. The key shareholders of Groupe ADP include the Government of France (50.6%), Vinci S.A (8.0%) and the Government of The Netherlands (8.0%).

Source: Groupe ADP 2020 Full Year Results

Like other airport operators around the world, the airports operated by Groupe ADP (including those operated by TAV Airport Holdings and GMR Airports Limited) saw an unprecedented decline in passenger traffic for the year 2020 due to the outbreak of the COVID19 pandemic.

Passenger traffic at Groupe ADP’s airports fell by 60.4% to reach 96.3 million passengers in 2020. At Paris Charles de Gaulle Airport and Paris Orly Airport, passenger traffic dropped by 70.8% and 66.1% to reach 22.3 million passengers and 10.8 million passengers, respectively.

Groupe ADP’s turnover for the year 2020 fell by 54.5% to reach EUR 2,137mn. EBITDA remained positive, even though it declined by 90.5% to EUR 168m.

Source: Groupe ADP 2020 Full Year Results

For 2020, the Group made a net loss of EUR 1,169m, which was EUR 1,757m lower than the EUR 588m net profit it achieved in 2019.

While IATA has forecast a strong recovery of global passenger traffic by 2023, it is still too early to determine the extent of recovery for the year 2021. Groupe ADP has made financial stabilization a key priority and anticipates a return to the 2019 traffic level for its Paris Airports sometime between 2024 and 2027.

Investor Insights

Members-only content. Subscribers click here to sign in

Not yet a member of AirportIR?

Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator profiles, industry insights, reports and much more.

Become a Member
Aeroport de Parisairport financial performanceairport investorsairport operatorairport privatizationCarbon NeutralityCharles de Gaulle AirportClimate ChangeenvironmentfranceGroupe ADPpost-covid recoverysustainabilityVinci
previous post
Reconstruction a Top Priority for PPP Partner at Grand Bahama International Airport
next post
WAPPP Round Table: License to Operate – Managing Airports & Sustainable Development Goals

You may also like

MAHB Sees a More Certain Recovery With a...

Groupe ADP Sees a Recovery in Line with...

VINCI Airports Secures New Concessions While Making Steps...

A Strong Recovery in 2021 Gives GAP a...

Tweets by @modalis_inc
Modalis on LinkedIn

Search AirportIR

Stay up-to-date

Twitter Linkedin Email

Browse a Category

@2019 - Airport Investor Resource by Modalis. All Right Reserved.


Back To Top