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EIFFAGE (EPA:FGR) - APRR revenue and traffic for the 1st quarter 2019

Directive transparence : information réglementée

23/04/2019 17:45

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Vélizy-Villacoublay, 23 April 2019
17:45

                                Press release

               APRR revenue and traffic for the 1st quarter 2019

At 31 March 2019

Consolidated revenue

                                        At           At
in millions of euro                 31/03/2018   31/03/2019    % change

Toll revenue                          572.3        586.1         +2.4%
Revenue from retail facilities,   
telecommunications and other           16.2         16.3         +0.2%
Revenue excluding Construction        588.5        602.3         +2.4%
Construction revenue (IFRIC 12)*       40.9         76.4           NM

Excluding Construction, APRR's consolidated revenue totalled EUR 602.3 million
at 31st March 2019, an increase of 2.4% from EUR 588.5 million at 31st March
2018.

Traffic

                                                  Total network
in millions of kilometres travelled   At 31/03/2018   At 31/03/2019   % change

Light vehicles                            4,537           4,521         -0.4%
Heavy goods vehicles                        967             988         +2.2%
Total                                     5,504           5,509         +0.1%

Overall traffic measured by total kilometres travelled increased by 0.1% for
the 1st quarter 2019 compared to the previous year.

Light vehicle traffic was down 0.4% over the quarter, heavy goods vehicles
traffic was up 2.2%.

Quarterly traffic has suffered from an unfavourable calendar effect
(positioning of the Easter weekend). Social movements have also slightly
disturbed some toll plaza in January and February.

Tariffs

Tariffs are subject to an annual revision contractually agreed with the French
State. This year for APRR and AREA, it has led to an average increase from 1st
February 2019 onwards of 1.8% and 2.0% respectively for light vehicles.

(*) 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
Xavier Ombrédanne
Tel.: + 33 (0)1 71 59 10 56
E-mail: xavier.ombredanne@eiffage.com

Press contact
Sophie Mairé
Tel.: + 33 (0)1 71 59 10 62
E-mail: sophie.maire@eiffage.com