Groupe ADP's Solid 2025 Half-Yearly Financial Outlook Amid Currency Impact

Groupe ADP indicated robust operational and financial estimates for the first half of 2025, aligning with its targets. Paris traffic is expected to grow by 2.5% to 4% compared to 2024, while Extime Paris Spend Per Pax is projected to increase by 4% to 6% compared to 2023. Furthermore, recurring EBITDA is set to surpass 7% growth from 2024, and group investments might reach 1.4 billion euros.

However, the company's net results are adversely affected by exchange rate fluctuations involving the Turkish lira and Indian rupee, incurring non-cash impacts of 90 to 110 million euros. Additionally, an exceptional income tax contribution may cost between 60 and 70 million euros. Groupe ADP plans to propose an adjustment in its dividend distribution policy to address these financial challenges.