EIFFAGE (EPA:FGR) - APRR revenue and traffic for the 3rd quarter 2021

Transparency directive : regulatory news

19/10/2021 17:40

Vélizy-Villacoublay, 19th October 2021
17:40

                                 Press release

               APRR revenue and traffic for the 3rd quarter 2021

AS AT 30 SEPTEMBER 2021

Consolidated revenue

                                                          Variation  Variation
                          At          At          At         (%)        (%)
in millions of euro   30/09/2019  30/09/2020  30/09/2021  2021/2020  2021/2019

Toll revenue            1,929.3     1,606.1    1,836.6      +14.4%     -4.8%
Revenue from retail
facilities,
telecommunications
and other                  56.5        51.4       73.8      +43.4%    +30.5%
Revenue excluding
Construction            1,985.8     1,657.5    1,910.4      +15.3%     -3.8%
Construction revenue
(Ifric 12)*               302.6       215.6      201.3        ns         ns

Excluding Construction, APRR's consolidated revenue totalled EUR1,910.4 million
at 30 September 2021, an increase of 15.3% from EUR1,657.5 million at 30
September 2020.

Traffic

                                         Total network
                                                          Variation  Variation
in millions of            At          At          At         (%)        (%)
kilometres travelled  30/09/2019  30/09/2020  30/09/2021  2021/2020  2021/2019

Light vehicles          15,889      12,465      14,375     +15.3%      -9.5%
Heavy goods vehicles     2,914       2,604       2,909     +11.7%      -0.2%
Total                   18,802      15,069      17,284     +14.7%      -8.1%

Overall traffic measured by total vehicle kilometres travelled went up by 14.7%
at 30 September 2021 compared to the same period in 2020.

Light vehicle traffic increased by 15.3% and heavy goods vehicles by 11.7%.

3RD QUARTER 2021

Consolidated revenue

                                                 Variation (%)  Variation (%)
in millions of euro   Q3 2019  Q3 2020  Q3 2021    2021/2020      2021/2019

Toll revenue           714.3    700.5    762.2       +8.8%          +6.7%
Revenue from retail
facilities,
telecommunications
and other               20.7     22.6     35.1      +55.2%         +70.0%
Revenue excluding
Construction           735.0    723.2    797.3      +10.3%          +8.5%
Construction revenue
(Ifric 12)*            101.1     90.3     79.2        ns              ns

Excluding Construction, APRR's consolidated revenue totalled EUR797.3 million
in the 3rd quarter of 2021, an increase of 10.3% from EUR723.2 million in the
3rd quarter of 2020. Revenues are also up 8.5% compared to the 3rd quarter of
2019.

Traffic

                                        Total network
in millions of                                   Variation (%)  Variation (%)
kilometres travelled  Q3 2019  Q3 2020  Q3 2021    2021/2020      2021/2019

Light vehicles         6,303    6,143    6,748       +9.8%          +7.0%
Heavy goods vehicles     937      906      949       +4.8%          +1.2%
Total                  7,240    7,048    7,697       +9.2%          +6.3%

Overall traffic measured by total vehicle kilometres travelled went up by 9.2%
during the 3rd quarter of 2021 compared to the same period in 2020. Traffic is
also up 6.3% compared to the 3rd wquarter of 2019.

The traffic over the quarter increased by 7.0% for light vehicles and by 1.2%
for heavy goods vehicles.

As a reminder, the traffic in the 4th quarter of 2020 had been negatively
impacted by the closure of the ski lifts in the ski resorts and the traffic in
the 4th quarter of 2019 had been favourably impacted by the disruptions
affecting the rail service.

* Note: 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 62
E-mail: xavier.ombredanne@eiffage.com     E-mail: sophie.maire@eiffage.com

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EIFFAGE (EPA:FGR) - APRR revenue and traffic for the 3rd quarter 2021

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