Vélizy-Villacoublay, 19st July 2017
17:40
Press release APRR revenue and traffic for the 1st semester 2017 1st SEMESTER 2017Consolidated revenue
in millions of euro | S1 2016 | S1 2017 | % change |
Toll revenues | 1,084.3 | 1,122.8 | + 3.5% |
Revenue from retail facilities, telecommunications and other | 32.1 | 33.2 | + 3.5% |
Revenue excluding Construction | 1,116.4 | 1,156.0 | + 3.5% |
Construction revenue (IFRIC 12)* | 112.1 | 127.5 | + 13.8% |
Traffic
in millions of kilometres travelled | Total network | ||
S1 2016 | S1 2017 | % change | |
Light vehicles | 9,097 | 9,322 | + 2.5% |
Heavy goods vehicles | 1,771 | 1,845 | + 4.2% |
Total | 10,868 | 11,167 | + 2.7% |
Overall traffic measured by the number of kilometres travelled increased by 2.7% in the first semester of 2017 compared to the same period of 2016.
Light vehicle traffic was up 2.5% over the period.
Heavy goods vehicle traffic was up 4.2% over the first semester.
The traffic was negatively impacted by calendar effects (2016 being a leap year), but benefited from the two new sections on the A75 at Clermont-Ferrand and on the A48/A480 in Grenoble.
2ND QUARTER 2017Consolidated revenue
in millions of euro | Q2 2016 | Q2 2017 | % change |
Toll revenues | 558.5 | 585.8 | + 4.9% |
Revenue from retail facilities, telecommunications and other | 17.2 | 17.7 | + 2.6% |
Revenue excluding Construction | 575.7 | 603.5 | + 4.8% |
Construction revenue (IFRIC 12)* | 88.1 | 79.7 | - 9.5% |
Traffic
in millions of kilometres travelled | Total network | ||
Q2 2016 | Q2 2017 | % change | |
Light vehicles | 4,709 | 4,980 | + 5.8% |
Heavy goods vehicles | 910 | 933 | + 2.5% |
Total | 5,619 | 5,913 | + 5.2% |
Overall traffic measured by the number of kilometres travelled increased by 5.2% in the second quarter of 2017 compared to the second quarter of 2016.
Light vehicle traffic was up 5.8%, benefitting from favourable calendar effects such as the positioning of the Easter weekend.
Heavy vehicles traffic was up 2.5%.
Financing
On May 31st 2017, APRR successfully realised a new €500 million bond issue for 15 years (maturing in January 2032) with an annual coupon of 1.625%. It followed a €100 million private placement done in March for 15 years (maturing in April 2032) with an annual coupon of 0.34% over French inflation indexed nominal.
(*) Reminder: 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 63
E-mail: xavier.ombredanne@eiffage.com E-mail: sophie.maire@eiffage.com
Eiffage SA published this content on 19 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 19 July 2017 15:58:07 UTC.
Original documenthttp://www.eiffage.com/files/live/sites/eiffage/files/Actualites/communiques/en/2017 07 19 Press release S1 2017 APRR.pdf
Public permalinkhttp://www.publicnow.com/view/2642DC7269BDABF1A2C160F2AE0A99FBBD85BFD5