Eiffage S.A.

Earnings Release • Jan 29, 2024

Vélizy-Villacoublay, 29 January 2024 17:45

Press release

APRR's revenue and traffic figures for 2023 and Q4 2023

As of December 31, 2023

Consolidated revenue

in millions of euros	31/12/2022	31/12/2023	2023/2022
APRR and AREA toll revenue	2,681.8	2,839.5	+5.9%
Revenue from commercial, telecom and other facilities for APRR and AREA	131.4	134.5	+2.4%
Subtotal revenue APRR and AREA	2,813.1	2,974.0	+5.7%
Revenue Aliaé (A79)	5.3	44.7
Of which from commercial facilities	0.9	10.2	/
Revenue excluding Construction	2,818.5	3,018.7	+7.1%
Construction revenue (Ifric 12)*	335.4	230.5	Ns

APRR's consolidated revenue excluding Construction amounted to €3,018.7 million at December 31st 2023, compared with €2,818.5 million at December 31st 2022, an increase of 7.1% year-on-year. This figure includes Aliaé (A79), which was opened on November 4, 2022 and had revenues of €44.7 million over the period (including €10.2 million from commercial facilities).

Traffic

APRR and AREA
in millions of km travelled	31/12/2022	31/12/2023	2023/2022
Light vehicles	21,072	21,672	+2.8%
Heavy goods vehicles	3,985	4,004	+0.5%
Total	25,057	25,675	+2.5%

Total traffic measured in kilometres travelled increased by 2.5% as of December 31st 2023 compared to the previous year. Light vehicle traffic grew by 2.8% over 12 months while heavy goods vehicles traffic grew by 0.5%.

Aliaé (A79) opened on November 4, 2022
in thousands of km travelled	31/12/2022	31/12/2023	2023/2022
Light vehicles	27.9	280.2	/
Heavy goods vehicles	19.6	140.4	/
Total	47.4	420.6	/

Consolidated revenue

in millions of euros	Q4 2022	Q4 2023	2023/2022
APRR and AREA toll revenue	627.5	665.6	+6.1%
Revenue from commercial, telecom and other facilities for APRR and AREA	34.8	31.8	-8.6%
Subtotal revenue APRR and AREA	662.2	697.4	+5.3%
Revenue Aliaé (A79)	5.3	10.6	/
Of which from commercial facilities	0.9	2.2
Revenue excluding Construction	667.6	708.0	+6.1%
Construction revenue (Ifric 12)*	89.9	90.5	Ns

APRR's consolidated revenue excluding Construction amounted to €708.0 million in the fourth quarter of 2023, compared with €667.6 million in Q4 2022, an increase of 6.1%. This figure includes Aliaé (A79), which was opened on November 4, 2022 and had revenues of €10.6 million over the period (including €2.2 million from commercial facilities).

Traffic

APRR and AREA
in millions of km travelled	Q4 2022	Q4 2023	2023/2022
Light vehicles	4,711	4,869	+3.4%
Heavy goods vehicles	998	1,001	+0.3%
Total	5,709	5,870	+2.8%

Total traffic, measured in kilometres travelled, increased by 2.8% in the fourth quarter of 2023 compared to the same period in 2022. Traffic over the quarter grew by 3.4% for light vehicles and by 0.3% for heavy goods vehicles.

Aliaé (A79) opened on November 4, 2022
in thousands of km travelled	Q4 2022	Q4 2023	2023/2022
Light vehicles	27.9	61.2	/
Heavy goods vehicles	19.6	35.1	/
Total	47.4	96.3	/

(*) Reminder: the application of the Ifric 12 interpretation since 1er January 2009 implies the recognition of a Construction turnover corresponding to the infrastructure construction services carried out by the concession companies on behalf of the Licensor and whose work is entrusted to third parties and accounted for in progress.