- ADP’s revenue for the first quarter bettered the estimates with an 11% year-on-year increase, coming in at EU1.32 billion against the estimated EU1.27 billion.
- The Aviation segment recorded a revenue of EU447 million, posting a 4% year on year gain, slightly below the estimated EU448.5 million.
- Retail & Services revenue experienced a substantial growth with an 11% y/y jump to EU426 million, beating the estimated EU401.6 million.
- The International & Airport Developments departments also performed well with a revenue of EU389 million, a sizeable 21% increase from last year, surpassing the estimated EU363.2 million.
- Real Estate brought in EU97 million in revenue, exhibiting a 4.3% gain year on year, which was slightly above the estimated EU95.9 million.
- The forecast for 2025 predicts a net debt to EBITDA ratio to be between 3.5 to 4.0x.
- There is still a prediction of an EBITDA above +4% for the year-end forecast.
- ADP confirms their targets for 2024 and 2025 remain the same.
- Analyst recommendations currently stand at 7 buys, 13 holds, and 3 sells.
A look at Aeroports De Paris Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
The long-term outlook for Aeroports De Paris, based on Smartkarma Smart Scores, appears positive overall. With a high growth score of 5, the company is positioned for significant expansion and development in the future. This growth potential is further supported by a solid momentum score of 4, indicating positive market sentiment and performance trends. However, Aeroports De Paris scores lower in terms of value and resilience, with scores of 2 on both factors, suggesting that the company may not be undervalued and may face some challenges in terms of stability.
Aeroports De Paris, also known as ADP, manages all the civil airports in the Paris area and operates light aircraft aerodromes. In addition to its core airport management activities, the company offers a range of air transport-related services and business services like office rental. Despite facing some challenges in terms of value and resilience, Aeroports De Paris is well-positioned for growth and shows promising momentum in the market, which could drive future success and expansion.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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