2023 first nine months consolidated revenue up 21.8%,
Full-year forecasts & financial targets confirmed

2023 first nine months consolidated revenue up +21.8% compared to the same period in 2022, to €4,121M.

- Aviation and International & airport developments segments are driven by the continued recovery of traffic in Paris (+18.4%, 91.4% of 2019 level) and abroad, especially in TAV airports (+24.1%, at 97.8% of 2019 traffic level).
- Retail & Services segment record a solid growth, benefiting of traffic recovery in Paris, the strong increase in Extime Paris Sales/Pax [1], at 7 euros for the first nine months of 2023, and a larger number of opened sales points compared to the same period in 2022.
- Real Estate segment is increasing, notably supported by additional rental income from assets taken over in full ownership during 2022.

2023 full-year traffic assumptions, forecasts and financials targets are confirmed.

Unless otherwise indicated, changes are expressed in comparison with the first nine months of 2022.
Operational and financial indicators definitions appear in Appendix 1.

CONSOLIDATED REVENUE – KEY FIGURES

OPERATIONAL INDICATORS

 Augustin de Romanet, Chairman and CEO of Groupe ADP, stated: " Traffic recovery in Paris continued during the 3rd quarter of 2023, reaching over the first nine months of the year 91.4% of the traffic over the same period in 2019, compared to 90.0% as of June-end. Since the beginning of the year, our network of airports welcomed 254.7 million passengers, up +23.9% compared to the first nine months of 2022. Consolidated revenue for the first nine months of the year reached 4,121 million euros, up +21.8% compared to the same period in 2022. All segments are performing as expected and we can confirm our 2023 full-year forecasts and financial targets. I would like to thank again Groupe ADP's teams, whose commitment and expertise in hospitality ensure the best experience for passengers traveling through our airports. We remain focused on preparing to host the Paris Olympic and Paralympic Games in 2024 and on the industrial and environmental transformation undertaken with our 2025 Pioneers strategic roadmap."

[1] Sales from airside activities: shops, bars & restaurants, foreign exchange & tax refund counters, commercial lounges, VIP reception, advertising and other paid services in the airside area, divided by the number of departing passengers at Paris Aéroport.
[2] Before inter-sector eliminations, see page 3 of this financial release for the details of the consolidated revenue.
[3] Changes vs. 2022 and traffic % vs. 2019 hereabove are calculated on a like-for-like basis, i.e. excluding traffic from Goa airport, which opened on January 5th, 2023 (see Appendix 1).
[4] Group traffic includes traffic from airports operated by Groupe ADP in full ownership (incl. partial ownership) or under concession, receiving regular commercial passenger traffic, excluding airports under management contract. Historical traffic data since 2019 is available on the company's website.

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