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Aéroports de Paris Earnings Release 2017

Apr 11, 2017

1076_iss_2017-04-11_097c3d8a-635e-4ae0-befe-7a114847fbb9.pdf

Earnings Release

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11 April 2017

Aéroports de Paris SA

March 2017 traffic figures

In March 2017, Paris Aéroport welcomed 7.8 million passengers, an increase of 3.8% compared with March 2016. 5.3 million passengers travelled through Paris-Charles de Gaulle (+3.2%) and 2.5 million through Paris-Orly (+4.9%).

  • International traffic (excluding Europe) was up (+3.8%), due to growth in all the destinations: Asia-Pacific (+6.8%), the Middle East (+4.4%), Africa (+3.7%), Latin America (+2.9%), the French Overseas Territories (+2.4%) and North America (+2.2%);
  • European traffic (excluding France) was up (+4.5%);
  • Traffic within France was up (+1.8%);
  • The number of connecting passengers decreased by 4.0%. The connecting rate stood at 23.4%, down by 2.6 points compared with March 2016.

Since the beginning of the year, Paris Aéroport passenger traffic has grown by 5.0%, with a total of 22.0 million passengers. The number of connecting passengers has decreased by 3.9%. The connecting rate was at 24.2%, down by 2.4 points.

Passenger traffic at TAV Airports, 38%-owned by Groupe ADP, increased by 1.9% in March 2017 and has decreased by 2.1%(1) since the beginning of the year.

Passenger traffic at Santiago, 45%-owned by Groupe ADP, rose by 9.8% in March 2017 and has risen by 9.7% since the beginning of the year.

Passengers Mar. 2017 % change
2017/2016
Jan.-Mar. 2017 % change
2017/2016
Last 12 months % change
2017/2016
Paris-CDG 5,301,769 +3.2% 14,900,436 +4.3% 66,543,200 +0.9%
Paris-Orly 2,536,176 +4.9% 7,082,551 +6.6% 31,676,638 +6.0%
Total Paris Aéroport 7,837,945 +3.8% 21,982,987 +5.0% 98,219,838 +2.5%
Santiago de Chile 1,713,405 +9.8% 5,512,987 +9.7% 19,678,424 +11.0%
Istanbul Ataturk 4,730,323 -1.2% 12,788,210 -7.0% 59,151,292 -4.7%
Ankara Esenboga 1,101,944 +9.3% 3,137,106 +5.6% 13,210,650 +7.1%
Izmir 939,803 +3.0% 2,665,033 -0.6% 11,936,423 -3.6%
Milas Bodrum 101,237 +12.9% 265,231 +4.3% 3,235,446 -17.3%
Gazipaşa 30,498 -3.8% 81,037 -3.3% 739,888 -19.9%
Medinah 644,690 +6.2% 1,820,680 +10.3% 6,743,314 +15.1%
Tunisia 41,328 -45.7% 118,743 -23.5% 1,557,382 +19.1%
Georgia 225,645 +52.5% 550,878 +39.7% 2,717,084 +27.5%
Macedonia 130,997 +4.9% 369,177 +7.2% 1,819,286 +11.2%
Zagreb (2) 192,533 -3.3% 516,000 +1.3% 2,772,700 +5.9%
Total TAV Airports (1) 8,138,998 +1.9% 22,312,095 -2.1% 103,883,465 +0.3%

(1) TAV Airports started to operate the international terminal of Milas Bodrum Airport in October 2015. To be compliant with TAV Airports' presentations, the % change presented above does not take into account at this terminal in 2016. Taking into account traffic at the international terminal of Milas Bodrum on a like-for-like basis for 2016, total TAV Airports passenger traffic would have decreased by 1.2% over the last 12 months.

(2) Groupe ADP and TAV Airports have,a shareholding of 21% and 15%, respectively, in Zagreb Airport. To be compliant with TAV Airports presentations, Zagreb Airport traffic figures are integrated into the TAV Airports group traffic figures.

Aircraft Movements Mar. 2017 % change
2017/2016
Jan.-Mar. 2017 % change
2017/2016
Last 12 months % change
2017/2016
Paris CDG 38,008 +0.9% 107,452 +0.6% 473,611 +0.9%
Paris Orly 18,519 0.0% 52,200 +0.2% 234,554 +1.6%
Total Paris Aéroport 56,527 +0.6% 159,652 +0.5% 708,165 +1.1%
Santiago de Chile 11,314 +7.8% 35,184 +8.3% 128,448 +6.1%
Istanbul Ataturk 35,493 -4.5% 97,691 -8.3% 442,930 -2.4%
Ankara Esenboga 7,876 +0.8% 22,758 +1.1% 94,590 +4.9%
Izmir 6,166 -0.6% 17,729 +0.1% 80,032 -1.0%
Milas Bodrum 680 +9.1% 1,773 +1.6% 23,281 -11.7%
Gazipaşa 226 -14.1% 601 -12.3% 5,706 -12.2%
Medinah 4,461 -3.5% 12,829 -3.3% 54,009 +8.3%
Tunisia 552 -38.0% 1,603 -15.8% 12,331 +3.5%
Georgia 2,450 +45.8% 6,344 +32.7% 29,352 +16.4%
Macedonia 1,195 -3.6% 3,383 -2.4% 16,801 +5.2%
Zagreb 3,144 -2.2% 8,512 -4.4% 40,402 +1.2%
Total TAV Airports (1) 62,243 -2.3% 173,223 -4.6% 799,434 +1.1%

(1) TAV Airports began operating the international terminal at Milas Bodrum Airport in October 2015. To be compliant with TAV Airports presentations, the % change presented above does not take into account traffic at this terminal for 2016. Taking into account traffic at the international terminal of Milas Bodrum, on a likefor-like basis for 2016, total TAV Airports passenger traffic would have decreased by 0.1% over the last 12 months.

Geographic split
Paris Aéroport (Paris-CDG and Paris-Orly)
Mar. 2017
% change
2017/2016
Share of total
traffic
Jan.-Mar. 2017
% change
2017/2016
Share of total
traffic
France +1.8% 17.1% +1.6% 17.0%
Europe +4.5% 42.8% +6.7% 41.7%
Other International +3.8% 40.0% +4.8% 41.3%
Of which
Africa +3.7% 11.2% +6.0% 11.6%
North America +2.2% 8.6% +3.0% 8.3%
Latin America +2.9% 3.6% +2.5% 3.9%
Middle-East +4.4% 5.2% +8.8% 5.4%
Asia-Pacific +6.8% 6.9% +6.2% 7.2%
French Overseas Territories +2.4% 4.6% +1.1% 5.0%
Total Paris Aéroport +3.8% 100 % +5.0% 100 %
Paris Aéroport % change Jan.- Mar. 2017 % change
2017/2016
(Paris-CDG and Paris-Orly) Mar. 2017 2017/2016
Connecting Passagers(1) 915,071 -4.0% 2,656,935 -3.9%
Connecting rate 23.4% -2.6 pt +24.2% -2.4 pt
Seat load factor 85.9% +2.7 pt 84.7% +3.6 pt

(1) Departures passengers

Press contact: Elise Hermant, Medias and Reputation Department Manager +33 1 74 25 23 23 Investor Relations: Aurélie Cohen, Head of Investor Relations +33 1 74 25 70 64 - [email protected]

Groupe ADP builds, develops and manages airports, including Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget. In 2016, Paris Aéroport handled more than 97 million passengers and 2.2 million metric tonnes of freight and mail at Paris-Charles de Gaulle and Paris-Orly, and more than 42 million passengers in airports abroad through its subsidiary ADP Management. Boasting an exceptional geographic location and a major catchment area, the Group is pursuing its strategy of adapting and modernising its terminal facilities and upgrading quality of services; the group also intends to develop its retail and real estate businesses. In 2016, Group revenue stood at €2,947 million and net income at €435 million.

Registered office: 1, rue de France, 93290 Tremblay-en-France. Aéroports de Paris is a public limited company (Société Anonyme) with share capital of €296,881,806. Registered in the Bobigny Trade and Company Register under no. 552 016 628.

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