ADP's Revenue Expected Boosted by Traffic Growth -- Market Talk

Dow Jones
01-20

0919 GMT - Aeroports de Paris should report an increase in revenue for the fourth quarter driven by the airport's passenger traffic growth, JP Morgan analysts say in a research note. The result should also be supported by 12% revenue growth in the French airport group's international division, the brokerage says. Second-half Ebitda is expected to be around 1.1 billion euros, a 0.7% on-year growth, the analysts say. Revenue for the quarter is expected up 9.4% at about 1.5 billion euros. Aviation revenue is expected around 8% higher while retail revenue is seen 8.5% higher, the analysts say. The airport group already reported 8% and 8.1% on-year passenger growth for the month of December and for 2024, respectively. Shares trade 0.45% lower to 110.40 euros. (pierre.bertrand@wsj.com)

 

(END) Dow Jones Newswires

January 20, 2025 04:19 ET (09:19 GMT)

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