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Eiffage S.A.

Earnings Release Apr 22, 2014

1275_10-q_2014-04-22_dc56c45f-463d-41fa-bb61-d7be474ece27.pdf

Earnings Release

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22nd April 2014

APRR TURNOVER AND TRAFFIC FOR THE 1 st QUARTER 2014 ________

1 st QUARTER 2014

Consolidated revenue

in millions of euro Q1
2013
Q1
2014
% change
Toll revenues 469.3 479.6 2.2%
Revenue from retail facilities,
telecommunications and other
15.0 14.6 -
2.1%
Revenue excluding Construction 484.3 494.2 2.1%
Construction revenue (IFRIC 12)* 34.1 33.7 -1.2%

Excluding Construction, APRR's consolidated revenue totalled €494.2 million in the first quarter of 2014, an increase of 2.1% from €484.3 million in the first quarter of 2013.

Traffic

in millions of kilometres travelled Total network
Q1
2013
Q1
2014
% change
Light vehicles 4,007 4,026 0.5%
Heavy goods
vehicles
798 813 1.9%
Total 4,805 4,839 0.7%

Overall traffic measured by the number of kilometres travelled increased by 0.7% year-on-year in the first quarter of 2014.

Light vehicle traffic was strong in January and February, thanks in particular to the milder weather compared to 2013 but was penalised in March by the shift of the Easter week end from March in 2013 to April in 2014. Heavy goods vehicle traffic was up 1.9% compared to Q1 2013, confirming its recovering trend.

Tariff

The annual tariffs revision took place on 1st February 2014 with an average increase of 0.80% for APRR and 0.84% for AREA.

(*) Reminder: the application of IFRIC 12 from 1 January 2009 requires the recognition of revenue generated by construction activities, which corresponds to infrastructure construction services performed by the concession operator for the account of the concession grantor, this work being entrusted to third parties and recognised using the percentage of completion method.


Investor relations
:
Press contact:
Xavier Ombrédanne Sophie Mairé
Telephone : + 33(0) 1 41 32 81 44 Telephone: + 33 (0)1 41 32 78 84
E-mail : [email protected] E-mail: [email protected]

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