Eiffage S.A.

Earnings Release • Apr 18, 2023

Vélizy-Villacoublay, 18 April 2023 17:45

Press release

APRR revenue and traffic for the 1st quarter 2023

At 31 March 2023

Consolidated revenue

in millions of euro	Q1 2022	Q1 2023	% change 2023/2022
Toll revenue APRR and AREA	625.2	656.3	+5.0%
Toll revenue Aliaé (A79)	/	7.9	/
Revenue from retail facilities, telecommunications and other	27.8	30.8	+10.8%
Revenue excluding Construction	653.1	695.1	+6.4%
Construction revenue (Ifric 12)*	46.2	33.3	ns

Excluding Construction, APRR's consolidated revenue totalled €695.1 million for the 1st quarter 2023 versus €653.1 million for the 1st quarter 2022, representing an increase of 6.4%.

The toll revenue of Aliaé (A79), which opens on 4 November 2022, is €7.9 million.

Traffic

APRR and AREA network
in millions of km travelled	Q1 2022	Q1 2023	% change 2023/2022
Light vehicles	4,655	4,745	+1.9%
Heavy goods vehicles	1,016	1,031	+1.5%
Total	5,671	5,776	+1.8%

Overall traffic measured by total kilometres travelled increased by 1.8% for the 1st quarter 2023 compared to the previous year. Light vehicle traffic was up 1.9% over the quarter, heavy goods vehicles traffic progressed by 1.5%.

Aliaé network (A79)
in thousands of km travelled	Q1 2022	Q1 2023	% change 2023/2022
Light vehicles	/	45.4	/
Heavy goods vehicles	/	35.8	/
Total	/	81.2	/

The A79 opened on 4 November 2022.

(*) 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.