Earnings Release • Oct 20, 2016
Earnings Release
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Vélizy-Villacoublay, 20th October 2016
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| in millions of euro | At 30/9/2015 | At 30/9/2016 | % change |
|---|---|---|---|
| Toll revenues | 1,641.8 | 1,730.4 | + 5.4% |
| Revenue from retail facilities, telecommunications and other |
50.9 | 51.4 | + 1.0% |
| Revenue excluding Construction | 1,692.7 | 1,781.9 | + 5.3% |
| Construction revenue (IFRIC 12)* | 106.3 | 169.5 | ns |
Excluding Construction, APRR's consolidated revenue totalled €1,781.9 million for the nine months to 30 September 2016, an increase of 5.3% from €1,692.7 million for the nine months to 30 September 2015.
| in millions of kilometres travelled |
Total network | ||
|---|---|---|---|
| At 30/9/2015 | At 30/9/2016 | % change | |
| Light vehicles | 14,670 | 15,204 | + 3.6% |
| Heavy goods vehicles | 2,487 | 2,608 | + 4.9% |
| Total | 17,157 | 17,812 | + 3.8% |
Overall traffic measured by total vehicle kilometres travelled increased by 3.8% compared to the corresponding period to 30 September 2015.
Light vehicle traffic was up 3.6% compared to the corresponding period in 2015.
Heavy goods vehicle traffic was up 4.9% in 2016.
| in millions of euro | Q3 2015 | Q3 2016 | % change |
|---|---|---|---|
| Toll revenues | 617.0 | 646.1 | + 4.7% |
| Revenue from retail facilities, telecommunications and other |
18.9 | 19.3 | + 2.0% |
| Revenue excluding Construction | 635.9 | 665.4 | + 4.6% |
| Construction revenue (IFRIC 12)* | 50,9 | 57.4 | ns |
Excluding Construction, APRR's consolidated revenue totalled €665.4 million in the 3 rd quarter of 2016, an increase of 4.6% from €635.9 million in the third quarter of 2015.
| in millions of kilometres travelled |
Total network | ||
|---|---|---|---|
| Q3 2015 | Q3 2016 | % change | |
| Light vehicles | 5,896 | 6,106 | + 3.6% |
| Heavy goods vehicles | 815 | 837 | + 2.7% |
| Total | 6,712 | 6,943 | + 3.5% |
Overall traffic measured by total vehicle kilometres travelled increased by 3.5% during the 3rd quarter of 2016 compared to the same period in 2015.
Light vehicle traffic was up 3.6% compared to the 3 rd quarter of 2015.
Heavy goods vehicle traffic which had benefitted during the 2 nd quarter of 2016 from favourable exceptional elements and calendar effects was impacted by unfavourable calendar effects during the 3 rd quarter of 2016, increasing 2.7% over the quarter.
Following the 21 June 2016 AGMs of APRR and AREA, it has been resolved to proceed with the following name changes:
Société des Autoroutes Paris-Rhin-Rhône to become APRR and Société des Autoroutes Rhône-Alpes to become AREA.
(*) 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.
Investor relations Press contact Xavier Ombrédanne Sophie Mairé Tel: + 33 (0)1 71 59 10 56 Tel: + 33 (0)1 71 59 10 62 E-mail: [email protected] E-mail: [email protected]
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