Strong increase in revenue in Q1 2023
Solid traffic recovery, in line with group assumptions,strong dynamic in retail in Paris

Consolidated revenue standing at €1,194M in Q1 2023, up +40.7% compared to the same period in 2022, which was still impacted by health restrictions.

- Aviation and International & airport developments segments are driven by the continued recovery of traffic in Paris (+44.6%, at 88.7% of 2019 level) and abroad, especially in TAV airports (+41.9%, at 94.7% of 2019 traffic level).
- Retail & Services segment record a solid growth, benefiting of traffic recovery in Paris, the strong increase in Paris Sales/Pax Extime [2], at 30.3 euros for the 1st quarter 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.

Unless otherwise indicated, changes are expressed in comparison with the 1st quarter 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: "The traffic recovery dynamic that began last year continued in the 1st quarter of 2023. In line with our traffic assumptions, we welcomed 69 million passengers across our airports' network, including 21 million in Paris. Groupe ADP's hospitality expertise in Paris and abroad was again recognized through the 2023 Skytrax ranking: Paris-Charles de Gaulle was voted world's 5th best airport in quality of service and five airports of the group are ranked among the world's 100 best airports. Extime Paris Sales/Pax is up sharply. This momentum in all business segments is driving revenue to 1,194 million euros, up +40.7% compared to the same period in 2022. Groupe ADP's teams are committed to deliver the 2025 Pioneers strategic roadmap, which aims at welcoming our passengers at best, while placing the decarbonization of our business at the heart of our new airport model, for the benefit of all our stakeholders."

[1] Before inter-sector eliminations, see page 3 of this financial release for the details of the consolidated revenue.
[2] Sales per passenger in the airside activities, including shops, bars & restaurants, foreign exchange & tax refund counters, commercial lounges, VIP reception, advertising, and other paid services in the airside area.
[3] Before inter-sector eliminations, see page 3 of this financial release for the details of the consolidated revenue.
[4] Changes vs. 2022 and recovery rates vs. 2019 here above are calculated on a like-for-like basis without traffic from Goa airport  in 2023, opened on January 5th, 2023.
[5] 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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