Aéroports de Paris SA: Availabilty of the amendment to the 2019 Universal Registration Document
23 Juni 2020 - 6:00PM
Aéroports de Paris SA: Availabilty of the amendment to the 2019
Universal Registration Document
PRESS RELEASE
23 June 2020
Aéroports de Paris SA
Availability of the amendment to
the 2019 Universal Registration
Document
Aéroport de Paris has filed an amendment to the 2019 Universal
Registration Document with the Autorité des Marchés Financiers
(AMF) on 23 June 2020.
This document can be consulted on the group's
website:
(https://www.parisaeroport.fr/en/group/finance/amf-information) and
on the AMF's website (www.amf-france.org).
Groupe ADP reminds that, in the context of the
decrease of the commercial air traffic due to the crisis linked to
the Covid-19, it has engaged an important operational and financial
optimization plan (see the press release of March 16th, 2020 –
"Coronavirus: Groupe ADP engages an operational and financial
optimization plan" and the press release of
March 23rd, 2020 – "Filing of the 2019 Universal
Registration Document and abandonment of certain targets and
outlook elements for 2020"). The latter notably aims to reduce
costs endured by Groupe ADP but also to take into account the
situation of its airlines customers and its providers. In addition
of the infrastructure closures, it includes an important
stabilization plan of the group's financial situation with the aim
of reducing current operating expenses for 2020 by €450m in total.
Regarding the 2020 investments, Groupe ADP prepares a plan for the
adaptation and rationalization of the works in order to take into
account the group’s financial situation and the availability of the
contractors.
In this regard, in particular, the request for
the termination of the 2016-2020 Economic Regulation Agreement
(ERA) presented by Aéroports de Paris has received a favorable
response by the Director General of the French Civil Aviation
Authority (DGAC) on June 19th, 2020.
The amendment to the 2019 Universal Registration
Document fully updates (from page 10 to 19) the risk factors
section, corresponding to the section 3 of the 2019 Universal
Registration Document. Thereby, it takes into account the
consequences of the crisis linked to the Covid- 19 to
date.
Investor Relations: Audrey Arnoux. Head
of Investor Relations +33 6 61 27 07 39 - invest@adp.fr
Press contact: Lola Bourget. Head of Medias and Reputation
Department +33 1 74 25 23 23Groupe ADP develops and
manages airports. including Paris-Charles de Gaulle. Paris-Orly and
Paris-Le Bourget. In 2019, the group handled through its brand
Paris Aéroport more than 108 million passengers and 2.2 million
metric tons of freight and mail at Paris-Charles de Gaulle and
Paris-Orly. and more than 110 million passengers in airports
abroad. Boasting an exceptional geographic location and a major
catchment area. the Group is pursuing its strategy of adapting and
modernizing its terminal facilities and upgrading quality of
services; the group also intends to develop its retail and real
estate businesses. In 2019. group revenue stood at €4.700 million
and net income at €588 million. Registered office: 1. rue de
France. 93 290 Tremblay-en-France. Aéroports de Paris is a public
limited company (Société Anonyme) with share capital of
€296.881.806. Registered in the Bobigny Trade and Company Register
under no. 552 016 628.
groupeadp.fr
- Aéroports de Paris SA - Availabilty of the amendment to the
2019 Universal Registration Document
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