Consolidated revenue for the 1st quarter of 2025 was up 12.2% compared to the same period in 2024, to €1,486M.
All activity segments are growing :
- Aviation segment was up €33M, driven by the traffic growth in Paris (+4.5%) and the increase in airport fees.
- Retail & Services segment’s good momentum continued, growing €63M, benefiting from from international traffic growth and favorable scope effects.
- Real Estate seglent was up €7M.
- International & airport developments segment grew €62M, driven by the dynamism of TAV Airports, and traffic recovery at Amman.
2025 forecasts and targets confirmed.
Key figures
Unless otherwise indicated, all variations are expressed in comparison with the first quarter revenue 2024.
|
OPERATIONAL INDICATORS |
||||
|
|
Q1 2025 |
Q1 2024 |
Change 2025/2024 |
|
|
Group traffic [1] |
82.1 Mpax |
77.0 Mpax |
+5.1 MPax |
+6.7% |
|
of which Paris Aéroport traffic |
23.0 Mpax |
22.0 Mpax |
+1.0 MPax |
+4.5% |
|
Extime Paris Sales / Pax [2] |
€33.4 |
€32.7 |
+€0.7 |
+2.2% |
|
CONSOLIDATED REVENUE |
||||
|
in millions of euros |
Q1 2025 |
Q1 2024 |
Change 2025/2024 |
|
|
Revenue [3] |
1,486 |
1,324 |
+162 |
+12.2% |
|
of which Aviation |
480 |
447 |
+33 |
+7.4% |
|
of which Retail & services |
489 |
430 |
+63 |
+14.8% |
|
of which Real estate |
104 |
97 |
+7 |
+7.2% |
|
of which Intl. & airport developments |
451 |
385 |
+62 |
+15.9% |
Philippe Pascal, Chairman and CEO of Groupe ADP, stated:
"The first quarter of 2025 has been marked by good momentum in all our activities both in Paris and abroad, and by the initiation of structuring projects that will shape the company's future.
During the quarter we have welcomed 82.1 million passengers in all of the group's airports, 6.7% above traffic over the same period in 2024. At Paris Aéroport, traffic was up 4.5%, with 23.0 million passengers. This dynamism, in line with our expectations, and the good performance of retail activities in Paris, allow us to record a strong consolidated revenue growth of 12.2%, at 1,486 million euros. We confirm all 2025 financial targets.
Among structuring projects, we launched on April 8th a large public consultation on the airport development vision for Paris-Charles de Gaulle, running until July 8th. The consultation CDG&Vous embodies our long-term vision reconciling development and decarbonization.
Recent evolutions have been made to the regulatory framework, notably a bill providing for the possibility of proposing an Economic Regulation Agreement (ERA) for a duration of up to 10 years, provided that the industrial warrants it. This creates favorable conditions to issue a proposal, consistent with the developments and changes planned for the Paris airports, for the benefit of our customers and in relation with local communities. Now more than ever we are focused on submitting an ERA proposal by year-end, targeting an effective date in early 2027.
These projects are in line with the priorities I have set for the Group: to reinvest in our core businesses, to strengthen the contribution of our international activities, and to accelerate the deployment of Extime in Paris and abroad.”
[1] Group traffic includes airports operated by Groupe ADP in freehold (incl. Almaty) or under concession, receiving regular commercial passenger traffic, excluding airports under management contract. Historical data since 2019 is available on the company's website.
[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-segment eliminations, see page 4 of this financial release for details of consolidated revenue.
