Earnings Release • Oct 21, 2025
Earnings Release
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| in millions of euros | As of 30/09/2024 | As of 30/09/2025 | Change (%) 2025/2024 |
|---|---|---|---|
| APRR and AREA toll turnover | 2,256.7 | 2,329.5 | 3.2% |
| Revenue from commercial, telecom and other facilities for APRR and AREA |
106.1 | 107.9 | 1.7% |
| Subtotal APRR and AREA revenue | 2,362.9 | 2,437.5 | 3.2% |
| Aliaé revenue (A79) | 38.3 | 43.5 | 13.6% |
| Of which from commercial facilities | 9.9 | 11.2 | 13.4% |
| Revenue excluding Construction | 2,401.2 | 2,481.0 | 3.3% |
| Construction revenue (Ifric 12)* | 144.6 | 113.6 | ns |
APRR's consolidated revenue excluding Construction amounted to €2,481.0 million as of September 30, 2025, compared with €2,401.2 million as of September 30, 2024, an increase of 3.3% (+13.6% for Aliaé (A79)).
| APRR and AREA networks | ||||
|---|---|---|---|---|
| in millions of km travelled | As of 30/09/2024 | As of 30/09/2025 | ||
| Light vehicles | 16,778 | 17,073 | 1.8% | |
| Heavy goods vehicles | 2,969 | 2,997 | 1.0% | |
| Total | 19,746 | 20,070 | 1.6% |
| Aliaé Network (A79) | ||||
|---|---|---|---|---|
| in millions of km travelled | As of 30/09/2024 As of 30/09/2025 |
Change (%) 2025/2024 |
||
| Light vehicles | 240.9 | 273.8 | 13.6% | |
| Heavy goods vehicles | 108.3 | 115.3 | 6.4% | |
| Total | 349.2 | 389.1 | 11.4% |
| in millions of euros | Q3 2024 | Q3 2025 | Change (%) 2025/2024 |
|---|---|---|---|
| APRR and AREA toll turnover | 843.5 | 865.0 | 2.6% |
| Revenue from commercial, telecom and other facilities for APRR and AREA |
42.0 | 43.9 | 4.6% |
| Subtotal APRR and AREA revenue | 885.4 | 908.8 | 2.6% |
| Aliaé revenue (A79) | 15.0 | 17.0 | 14.0% |
| Of which from commercial facilities | 4.6 | 5.2 | 12.7% |
| Revenue excluding Construction | 900.4 | 925.9 | 2.8% |
| Construction revenue (Ifric 12)* | 39.0 | 51.0 | nm |
APRR's consolidated revenue excluding Construction amounted to €925.9 million in Q3 2025, compared with €900.4 million in Q3 2024, an increase of 2.8% (+14.0% for Aliaé (A79)).
| APRR and AREA networks | |||
|---|---|---|---|
| in millions of km travelled | Q3 2024 | Q3 2025 | Change (%) 2025/2024 |
| Light vehicles | 6,704 | 6,739 | 0.5% |
| Heavy goods vehicles | 961 | 979 | 1.9% |
| Total | 7,664 | 7,717 | 0.7% |
| Aliaé Network (A79) | |||
|---|---|---|---|
| in millions of km travelled | Q3 2024 | Q3 2025 | Change (%) 2025/2024 |
| Light vehicles | 110.6 | 124.7 | 12.8% |
| Heavy goods vehicles | 35.2 | 37.1 | 5.6% |
| Total | 145.7 | 161.9 | 11.1% |
(*) Reminder: the application of the Ifric 12 interpretation since 1st January 2009 implies the recognition of a Construction turnover corresponding to the construction services of the infrastructures carried out by the concession companies on behalf of the Grantor and whose works are entrusted to third parties and accounted for in progress.
On 26 September 2025, Fitch confirmed APRR's A credit rating with a stable outlook.
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