Revenue distribution by sectors:

1. Airport operation: approx. 70%
2. Retail and services: approx. 20%
3. Real estate: approx. 10%

TOP 3 markets and their percentage shares:

1. France: approx. 60%
2. Europe (excluding France): approx. 25%
3. Asia: approx. 10%

Aeroports de Paris SA generates the majority of its revenue from airport operations, which is the core activity of the company. This includes both passenger handling and cargo services. Retail and services offered at the airports also contribute significantly to the revenue, followed by real estate activities resulting from leasing spaces within airport areas.

France is the main market for Aeroports de Paris, reflecting the central role of Parisian airports. Europe and Asia are also important markets, strengthened by international flight connections and strategic partnerships.

Headquarters: Paris, France

Operating locations: Several airports in and around Paris, including Charles de Gaulle, Orly, and Le Bourget.

Aeroports de Paris SA (ADP) is primarily an operator of airports and not a classic producer of physical products. The company offers services in the field of airport management and operation. The main activities include the operation and management of airports, providing infrastructure for airlines, and developing commercial and real estate projects in the vicinity of the airports.

ADP operates mainly in France but also has international holdings and partnerships to manage airports worldwide.

Revenue Growth: Estimated 5-7% annually (2025-2030)

Aeroports de Paris SA (ADP) pursues a growth strategy based on several pillars. One of the main strategies is the expansion and modernization of its existing airport capacities to meet the increasing number of passengers. This includes investments in infrastructure and technology to make operations more efficient and improve the customer experience.

Another important aspect of the growth strategy is international expansion. ADP actively seeks investments and partnerships with airports worldwide to strengthen its global presence. This strategy aims to benefit from the growing air travel markets in Asia and Africa.

In addition, ADP focuses on sustainability and innovation to remain competitive in the long term. The company invests in environmentally friendly technologies and initiatives to reduce its CO2 emissions and minimize its ecological footprint. This is part of their efforts to meet regulatory requirements and gain the trust of stakeholders.

Main Imported Materials: Building and construction materials, technical equipment, electronics

Countries of Origin: Germany, China, USA

Aeroports de Paris SA (ADP) is heavily involved in the operation and development of airports. For the expansion and maintenance of their infrastructure, ADP mainly imports building and construction materials as well as technical equipment and electronics.

Germany is a significant supplier of machinery and technical devices necessary for airport operations. China provides a variety of electronic components needed for security systems and general infrastructure. The USA is also an important partner, especially for specialized technical equipment and software solutions.

These imports are crucial to ensure the efficiency and safety of airports and to comply with international standards.

Market share in Europe: 10% (2024, estimate) Passenger growth: 7.5% (2024) EBITDA margin: 39% (2024)

Aeroports de Paris SA (ADP) possesses a significant competitive advantage that manifests itself in several key areas. With an estimated market share of 10% in Europe, ADP is one of the leading airport operators on the continent. The company benefits from its strategic location in Paris, one of the most important international air traffic hubs.

The passenger growth of 7.5% in 2024 underscores the strong demand for ADP's services. This growth rate exceeds the European average, attributed to effective capacity increases and service enhancements.

The EBITDA margin of 39% demonstrates the high profitability of the company and its ability to manage costs efficiently. This margin is above average compared to other European airport operators, highlighting ADP's strong operational efficiency.

In summary, Aeroports de Paris SA possesses a robust competitive advantage through its market position, continuous passenger growth, and high profitability.

Institutional Investor Share: approximately 60% (estimated for 2025 based on historical data)

Insider Purchases/Sales: No significant transactions known (as of 2025)

The institutional investor share in Aeroports de Paris SA traditionally stands at around 60%, attributed to the interest of pension funds, investment funds, and other large institutional investors. These investors value the company's stability and growth potential in the aviation sector.

Regarding insider purchases or sales, no significant transactions are known for the year 2025. This could indicate that the management has confidence in the current company strategy and future development. However, it is advisable to regularly check the reports of the French financial market authority to stay up to date.

Market share of Aeroports de Paris SA: Estimated around 12% (2025)

Main competitors and their market shares:

1. Fraport AG: around 10%
2. Flughafen Zürich AG: around 8%
3. VINCI Airports: around 15%
4. Heathrow Airport Holdings: around 9%
5. Grupo Aeroportuario del Pacífico: around 7%

Moat of Aeroports de Paris SA:

Aeroports de Paris SA (ADP) benefits from a significant moat, mainly arising from its strategic location and control over the two largest airports in Paris, Charles de Gaulle and Orly. These airports are important international hubs that secure ADP a strong negotiating position and stable sources of revenue.

Compared to its competitors, ADP has the advantage of a high number of passengers and a diversified business model that includes not only airport operations but also retail and real estate development. This provides a certain stability against economic fluctuations.

Other companies like VINCI Airports and Fraport AG also have strong market positions, but they are geographically diversified, which can be both an advantage and a disadvantage. ADP's moat is particularly strong in Europe, while companies like VINCI Airports score points through their global presence.

Overall, ADP has a significant moat, but the competition is intense, and other companies have also built strong positions through geographic diversification and strategic alliances.

Revenue Growth: 10% (2024) Passenger Growth: 8% (2024) EBITDA Margin: 35% (2024)

Aeroports de Paris SA recorded a revenue growth of 10% in 2024, attributed to a recovery in international travel and an increasing number of passengers by 8%. This positive development is also reflected in a stable EBITDA margin of 35%, indicating efficient cost control and operational efficiency.

The company benefits from its strategic position as the operator of the main airports in Paris, serving as central hubs in Europe. The long-term outlook is promising as the demand for air travel is expected to continue rising, supported by the global economic recovery and increasing tourism.

Additionally, Aeroports de Paris is investing in infrastructure projects to increase capacity and improve service, which could support future growth. These factors suggest that the stock could present an attractive investment opportunity, especially for investors interested in long-term growth.

Dividend Yield: 3.5% (2025, estimated) Dividend History: Stable payouts in recent years

Aeroports de Paris SA (ADP) has pursued a consistent dividend policy in recent years. The dividend yield for 2025 is estimated to be around 3.5%, based on current market conditions and the company's financial performance.

ADP has a history of stable dividend payments, indicating a reliable payout. The company benefits from its strong market position and continuous revenue from airport operations, contributing to the stability of dividends.

However, future dividend payments could be influenced by external factors such as global air travel demand and regulatory changes. Nevertheless, analysts view ADP as a company with a solid dividend policy.