Earnings Release • Jul 19, 2013
Earnings Release
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| in millions of euro | Q2 2012 |
Q2 2013 |
% change |
|---|---|---|---|
| Toll revenues | 487.4 | 499.1 | + 2.4% |
| Revenue from retail facilities, telecommunications and other |
18.5 | 18.1 | - 2.2% |
| Revenue excluding Construction | 505.9 | 517.1 | + 2.2% |
| Construction revenue (IFRIC 12)* | 44.5 | 77.5 | n.s. |
Excluding Construction, APRR's consolidated revenue totalled €517.1 million in the second quarter of 2013, an increase of 2.2% from €505.9 million in the second quarter of 2012.
| in millions of kilometres travelled | Total network | |||
|---|---|---|---|---|
| Q2 2012 | Q2 2013 | % change | ||
| Light vehicles | 4,385 | 4,409 | + 0.6% | |
| Heavy goods vehicles | 805 | 806 | + 0.1% | |
| Total | 5,190 | 5,215 | + 0.5% |
Overall traffic measured by the number of kilometres travelled is up 0.5% compared to the second quarter of 2012.
Contrasting monthly performances resulted in an overall 0.6% increase in light vehicle traffic.
Heavy goods vehicle traffic, which benefited from positive calendar effects over the quarter, is stable compared to the same period last year.
| in millions of euro | S1 2012 | S1 2013 | % change |
|---|---|---|---|
| Toll revenues | 950.9 | 968.4 | + 1.8% |
| Revenue from retail facilities, telecommunications and other |
32.2 | 33.0 | + 2.6% |
| Revenue excluding Construction | 983.1 | 1,001.4 | + 1.9% |
| Construction revenue (IFRIC 12)* | 66.2 | 111.6 | n.s. |
Excluding Construction, APRR's consolidated revenue totalled €1,001.4 million in the first semester of 2013, an increase of 1.9% from €983.1 million in the first semester of 2012.
| in millions of kilometres travelled | Total network | ||
|---|---|---|---|
| S1 2012 | S1 2013 | % change | |
| Light vehicles | 8,373 | 8,416 | + 0.5% |
| Heavy goods vehicles | 1,630 | 1,605 | - 1.6% |
| Total | 10,004 | 10,021 | + 0.2% |
Overall traffic measured by the number of kilometres travelled increased by 0.2% compared to the first semester of 2012.
Light vehicle traffic is up 0.5% compared to the first half of 2012.
Heavy goods vehicle traffic continues to decline but on a slightly 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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