Eiffage S.A.

Quarterly Report • Oct 22, 2019

Vélizy-Villacoublay, 22th October 2019 17:40

Press release

APRR revenue and traffic for the 3rd quarter 2019

AS AT 30 SEPTEMBER 2019

Consolidated revenue

in millions of euro	At 30/9/2018	At 30/9/2019	% change
Toll revenue	1,901.3	1,929.3	+1.5%
Revenue from retail facilities, telecommunications and other	56.7	56.5	-0.3%
Revenue excluding Construction	1,958.0	1,985.8	+1.4%
Construction revenue (Ifric 12)*	237.1	302.6	ns

Excluding Construction, APRR's consolidated revenue totalled €1,985.8 million at 30 September 2019, an increase of 1.4% from €1,958.0 million at 30 September 2018.

Traffic

in millions of kilometres travelled	Total network
	At 30/9/2018	At 30/9/2019	% change
Light vehicles	16,077	15,889	-1.2%
Heavy goods vehicles	2,885	2,914	+1.0%
Total	18,962	18,802	-0.8%

Overall traffic measured by total vehicle kilometres travelled went down by 0.8% at 30 September 2019 compared to the same period in 2018.

Light vehicle traffic decreased by 1.2% whilst heavy goods vehicles traffic increased by 1.0%.

The traffic, in particular the light vehicle one, was favorably impacted by the disruptions affecting the rail service during the second quarter of 2018.

3 RD QUARTER 2019

Consolidated revenue

in millions of euro	Q3 2018	Q3 2019	% change
Toll revenue	702.0	714.3	+1.8%
Revenue from retail facilities, telecommunications and other	21.3	20.7	-3.1%
Revenue excluding Construction	723.3	735.0	+1.6%
Construction revenue (Ifric 12)*	103.3	101.1	ns

Excluding Construction, APRR's consolidated revenue totalled €735.0 million in the 3rd quarter of 2019, an increase of 1.6% from €723.3 million in the third quarter of 2018.

Traffic

in millions of kilometres travelled	Total network
	Q3 2018	Q3 2019	% change
Light vehicles	6,354	6,303	-0.8%
Heavy goods vehicles	924	937	+1.4%
Total	7,278	7,240	-0.5%

Overall traffic measured by total vehicle kilometres travelled went down by 0.5% during the 3rd quarter of 2019 compared to the same period in 2018.

Light vehicle traffic decreased by 0.8% whilst heavy goods vehicles traffic increased by 1.4%.

* 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