- ADP’s earnings before interest, taxes, depreciation, and amortization (EBITDA) was EU2.07 billion, representing a 5.7% increase year-over-year, meeting the estimate of EU2.06 billion.
- Aviation EBITDA totaled EU495 million, a 3.1% decrease from the previous year, slightly under the estimate of EU497.6 million.
- Retail & Services EBITDA was EU735 million, down by 5.5% year-over-year, missing the estimate of EU768.5 million.
- International & Airport Developments EBITDA saw significant growth, up 29% to EU546 million, surpassing the estimate of EU537.9 million.
- Real Estate EBITDA increased by 18% to EU254 million, exceeding the estimate of EU227.5 million.
- Total revenue for ADP reached EU6.16 billion, up 12% from the previous year, beating the estimate of EU6.05 billion.
- Aviation revenue increased by 7.5% year-over-year to EU2.05 billion, slightly above the estimate of EU2.03 billion.
- Retail & Services revenue reached EU1.93 billion, a 9.3% increase year-over-year, aligning with the estimate.
- International & airport developments revenue grew by 21% to EU1.97 billion, ahead of the estimate of EU1.91 billion.
- Real Estate revenue rose by 5.7% to EU332 million.
- Other revenue totaled EU189 million, up 5% year-over-year, exceeding the estimate of EU185.7 million.
- Net income was EU342 million, a 46% decrease from the previous year but above the estimate of EU277.2 million.
- The net debt to EBITDA ratio remained stable at 4.1 times, identical to the previous year.
- The dividend per share was set at EU3, slightly below the estimate of EU3.06.
- ADP forecasts a dividend payout ratio of 60%.
- EBITDA is expected to remain above a growth rate of 7%.
- The company aims for a net debt to EBITDA ratio between 3.5 and 4 times.
- Traffic forecasts for Paris Aéroport in 2025 are unchanged, with expected annual growth between 2.5% and 4.0%.
- Analyst recommendations: 9 buys, 11 holds, and 1 sell.
“`
A look at Aeroports De Paris Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Based on the Smartkarma Smart Scores, Aeroports De Paris appears to have a positive long-term outlook. With high scores in Growth and Dividend, the company is showing strong potential for expansion and providing steady returns to investors. This suggests that Aeroports De Paris may be well-positioned to capitalize on opportunities for growth in the future while offering attractive dividend payments to shareholders.
Aeroports De Paris, managing civil airports in the Paris area and operating light aircraft aerodromes, also demonstrates good momentum and resilience, indicating its ability to adapt to changing market conditions and maintain a stable performance. Although the Value score is lower, the overall outlook for Aeroports De Paris seems promising, supported by its strong performance in key areas such as Growth and Dividend.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
