Eiffage S.A.

Quarterly Report • Oct 19, 2023

Vélizy-Villacoublay, 19th October 2023 17:40

Press release

APRR revenue and traffic for the 3rd quarter 2023

AS AT 30 SEPTEMBER 2023

Consolidated revenue

in millions of euro	At 30/09/2022	At 30/09/2023	Var (%) 23/22
Toll revenue APRR and AREA	2,054.3	2,173.9	+5.8%
Toll revenue Aliaé (A79)	/	26.0	/
Revenue from retail facilities, telecommunications and other	96.6	110.8	+14.6%
Revenue excluding Construction	2,150.9	2,310.7	+7.4%
Construction revenue (Ifric 12)*	245.4 (**)	140.0	ns

Excluding Construction, APRR's consolidated revenue totalled €2,310.7 million at 30 September 2023 versus €2,150.9 million at 30 September 2022, representing an increase of 7.4% over one year; This number includes Aliaé (A79), which entered service on 4 November 2022 and generated toll revenue of €26 million over the period.

Traffic

APRR and AREA network
in millions of km travelled	At 30/09/2022	At 30/09/2023	Var (%) 23/22
Light vehicles	16,362	16,802	+2.7%
Heavy goods vehicles	2,987	3,003	+0.5%
Total	19,348	19,805	+2.4%

Overall traffic measured by total vehicle kilometres travelled to 30 September 2023 went up by 2.4% over the previous year. Light vehicle traffic increased by 2.7% and heavy goods vehicles by 0.5% over the 9 months period.

Aliaé (A79) network
in thousands of km travelled	At 30/09/2022	At 30/09/2023	Var (%) 23/22
Light vehicles	/	219,0	/
Heavy goods vehicles	/	105,3	/
Total	/	324,3	/

A79 entered service on 4 November 2022

3 RD QUARTER 2023

Consolidated revenue

in millions of euro	Q3 2022	Q3 2023	Var (%) 23/22
Toll revenue APRR and AREA	764.7	803.9	+5.1%
Toll revenue Aliaé (A79)	/	9.5	/
Revenue from retail facilities, telecommunications and other	37.9	43.1	+13.8%
Revenue excluding Construction	802.5	856.6	+6.7%
Construction revenue (Ifric 12)*	101.2 (**)	55.8	ns

Excluding Construction, APRR's consolidated revenue totalled €856.6 million in the 3rd quarter of 2023 versus €802.5 million in the 3rd quarter of 2022, an increase of 6.7% over one year; This number includes Aliaé (A79), which entered service on 4 November 2022 and generated toll revenue of €9.5 million over the period.

Traffic

APRR and AREA network
in millions of km travelled	Q3 2022	Q3 2023	Var (%) 23/22
Light vehicles	6,572	6,673	+1.5%
Heavy goods vehicles	948	944	-0.4%
Total	7,520	7,617	+1.3%

Overall traffic measured by total vehicle kilometres travelled went up by 1.3% during the 3rd quarter of 2023 compared to the same period in 2022. The traffic over the quarter increased by 1.5% for light vehicles and decreased by 0.4% for heavy goods vehicles.

Aliaé (A79) network
in thousands of km travelled	Q3 2022	Q3 2023	Var (%) 23/22
Light vehicles	/	104.4	/
Heavy goods vehicles	/	33.5	/
Total	/	137.9	/

A79 entered service on 4 November 2022

^* Note: 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.

^** Construction revenue includes the capex realised by ALIAE, a 99.9% subsidiary of APRR since 01/07/22