Eiffage S.A.

Earnings Release • Oct 19, 2021

Vélizy-Villacoublay, 19th October 2021 17:40

Press release

APRR revenue and traffic for the 3rd quarter 2021

AS AT 30 SEPTEMBER 2021

Consolidated revenue

in millions of euro	At 30/09/2019	At 30/09/2020	At 30/09/2021	Variation (%) 2021/2020	Variation (%) 2021/2019
Toll revenue	1,929.3	1,606.1	1,836.6	+14.4%	-4.8%
Revenue from retail facilities, telecommunications and other	56.5	51.4	73.8	+43.4%	+30.5%
Revenue excluding Construction	1,985.8	1,657.5	1,910.4	+15.3%	-3.8%
Construction revenue (Ifric 12)*	302.6	215.6	201.3	ns	ns

Excluding Construction, APRR's consolidated revenue totalled €1,910.4 million at 30 September 2021, an increase of 15.3% from €1,657.5 million at 30 September 2020.

Traffic

in millions of kilometres	Total network
travelled	At 30/09/2019	At 30/09/2020	At 30/09/2021	Variation (%) 2021/2020	Variation (%) 2021/2019
Light vehicles	15,889	12,465	14,375	+15.3%	-9.5%
Heavy goods vehicles	2,914	2,604	2,909	+11.7%	-0.2%
Total	18,802	15,069	17,284	+14.7%	-8.1%

Overall traffic measured by total vehicle kilometres travelled went up by 14.7% at 30 September 2021 compared to the same period in 2020.

Light vehicle traffic increased by 15.3% and heavy goods vehicles by 11.7%.

3 RD QUARTER 2021

Consolidated revenue

in millions of euro	Q3 2019	Q3 2020	Q3 2021	Variation (%) 2021/2020	Variation (%) 2021/2019
Toll revenue	714.3	700.5	762.2	+8.8%	+6.7%
Revenue from retail facilities, telecommunications and other	20.7	22.6	35.1	+55.2%	+70.0%
Revenue excluding Construction	735.0	723.2	797.3	+10.3%	+8.5%
Construction revenue (Ifric 12)*	101.1	90.3	79.2	ns	ns

Excluding Construction, APRR's consolidated revenue totalled €797.3 million in the 3rd quarter of 2021, an increase of 10.3% from €723.2 million in the 3rd quarter of 2020. Revenues are also up 8.5% compared to the 3rd quarter of 2019.

Traffic

in millions of kilometres travelled	Total network
	Q3 2019	Q3 2020	Q3 2021	Variation (%) 2021/2020	Variation (%) 2021/2019
Light vehicles	6,303	6,143	6,748	+9.8%	+7.0%
Heavy goods vehicles	937	906	949	+4.8%	+1.2%
Total	7,240	7,048	7,697	+9.2%	+6.3%

Overall traffic measured by total vehicle kilometres travelled went up by 9.2% during the 3rd quarter of 2021 compared to the same period in 2020. Traffic is also up 6.3% compared to the 3rd wquarter of 2019.

The traffic over the quarter increased by 7.0% for light vehicles and by 1.2% for heavy goods vehicles.

As a reminder, the traffic in the 4th quarter of 2020 had been negatively impacted by the closure of the ski lifts in the ski resorts and the traffic in the 4th quarter of 2019 had been favourably impacted by the disruptions affecting the rail service.

* 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: xavier.ombredanne@eiffage.com E-mail: sophie.maire@eiffage.com