Earnings Release • Oct 18, 2013
Earnings Release
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| in millions of euro | Q3 2012 |
Q3 2013 |
% change |
|---|---|---|---|
| Toll revenues | 567.4 | 586.2 | +3.3% |
| Revenue from retail facilities, telecommunications and other |
18.2 | 19.5 | +7.3% |
| Revenue excluding Construction | 585.6 | 605.7 | +3.4% |
| Construction revenue (IFRIC 12)* | 45.8 | 79.1 | nm |
Excluding Construction, APRR's consolidated revenue totalled €605.7 million in the third quarter of 2013, an increase of 3.4% from €585.6 million in the third quarter of 2012.
| in millions of kilometres travelled | Total network | |||
|---|---|---|---|---|
| Q3 2012 |
Q3 2013 |
% change | ||
| Light vehicles | 5,657 | 5,687 | +0.5% | |
| Heavy goods vehicles | 760 | 778 | +2.5% | |
| Total | 6,417 | 6,465 | +0.8% |
Overall traffic measured by the number of kilometres travelled is up 0.8% compared to the same period last year.
Light vehicle traffic trend is positive with a 0.5% increase compared to the third quarter of 2012.
Heavy goods vehicle traffic, which stabilised during the second quarter after 6 quarters of decline, is up 2.5% during the third quarter thanks to a positive underlying trend as well as favourable calendar effects.
| in millions of euro | At 30/9/2012 | At 30/9/2013 | % change |
|---|---|---|---|
| Toll revenues | 1,518.4 | 1,554.6 | +2.4% |
| Revenue from retail facilities, telecommunications and other |
50.4 | 52.6 | +4.3% |
| Revenue excluding Construction | 1,568.8 | 1,607.1 | +2.4% |
| Construction revenue (IFRIC 12)* | 112.0 | 190.7 | Nm |
Excluding Construction, APRR's consolidated revenue totalled €1,607.1 million as at 30th September 2013, an increase of 2.4% from €1,568.8 million as at 30th September 2012.
| in millions of kilometres travelled | Total network | ||
|---|---|---|---|
| At 30/9/2012 | At 30/9/2013 | % change | |
| Light vehicles | 14,031 | 14,103 | +0.5% |
| Heavy goods vehicles | 2,390 | 2,383 | -0.3% |
| Total | 16,420 | 16,486 | +0.4% |
Overall traffic measured by the number of kilometres travelled increased by 0.4% compared to the same period of 2012.
Light vehicle traffic is up 0.5% compared to the situation as at 30th September 2012.
Heavy goods vehicle traffic has slightly declined but on an improving trend.
The annual tariff revision took place on 1st February 2013 with an average increase of 1.94% for APRR and AREA for all classes of vehicles.
(*) 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:
Xavier Ombrédanne Telephone: + 33(0) 1 41 32 81 44 E-mail: [email protected]
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