BRIEF

on EIFFAGE (EPA:FGR)

APRR Reports Mixed Financial and Traffic Results for Q1 2024

EIFFAGE, via its subsidiary APRR, released financial and traffic figures for the first quarter of 2024. The total consolidated revenue for APRR excluding construction activities reached €711.8 million, marking a 2.4% increase from Q1 2023's €695.1 million. This growth includes revenue from Aliaé (A79), which saw a significant 10.5% increase in the same period.

Despite the revenue growth, APRR experienced a decrement in total traffic, with a 0.8% decrease in kilometres travelled during Q1 2024 compared to the previous year. Light vehicles showed a marginal decline of 0.1%, while heavy goods vehicles traffic dropped by 3.9%, affected by industrial actions earlier in the year.

Positive outliers include Aliaé (A79), which saw a substantial 11.6% increase in total traffic, driven mainly by a 23.7% jump in light vehicle kilometres. This contrasts the overall trend observed in the broader APRR network.

R. H.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all EIFFAGE news