Aeroports De Paris · EURONEXT:ADP
Aeroports De Paris — Investor Day (April 2023)
47 slides from Aeroports De Paris's investor day presentation, Apr 5, 2023
Slide 1: Extime Retail Strategy conference
Extime Retail Strategy conference April 05, 2023 1
Slide 2: Today's Programme
TODAY’S PROGRAMME EXTIME RETAIL STRATEGY CONFERENCE - 2:00pm INTRODUCTION Philippe Pascal, Chief Financial Officer PASSENGER JOURNEY Régis Lacote, Director of Paris-Charles de Gaulle EXTIME PRESENTATION Mathieu Daubert, Chief Customer Officer CONCLUSION & Q&A Philippe Pascal, Régis Lacote, Mathieu D
Slide 3: Introduction
INTRODUCTION Philippe Pascal Deputy Executive Officer in charge of Finance, Strategy and Administration EXTIME CONFERENCE – 5 APRIL 2023 3
Slide 4: Hospitality is at the core of Aéroports de Paris' vision
1 HOSPITALY IS AT THE CORE OF AEROPORTS DE PARIS’ VISION INTRODUCTION Hospitality is of at the center of our raison d’être To welcome passengers, operate and imagine airports, in a responsible way around the world A HOSPITALITY GROUP AN INNOVATIVE GROUP A MULTI LOCAL GROUP EXTIME CONFERENCE – 5 APRI
Slide 5: Retail activities at the heart of our business model and performance
1 RETAIL ACTIVITIES AT THE HEART OF OUR BUSINESS MODEL AND PERFORMANCE INTRODUCTION REPORTING AVIATION RETAIL & SERVICES REAL ESTATE INTERNATIONAL SEGMENTS Paris Paris Paris & OTHERS Retail activities International assets Unregulated Duty free ; TAV Airports ; GMR Airports ; Travel essentials ; Dive
Slide 6: Sustained profitable growth story in retail activities
1 SUSTAINED PROFITABLE GROWTH STORY IN RETAIL ACTIVITIES INTRODUCTION RETAIL & SERVICES SEGMENT’S PERFORMANCE Revenue (€M) EBITDA (€M) EBITDA Margin 1 505 1 442 638 613 580 527 533 42.4% 42.5% 941 953 1 000 970 Retail in 2019 in 2022 922 activities Stable despite lower traffic, 449 459 490 especiall
Slide 7: 2025 Pioneers: making our airports' network the preferred destination
1 2025 PIONEERS: MAKING OUR AIRPORTS’ NETWORK THE PREFERRED DESTINATION INTRODUCTION OUR APPROACH Act on all the rational (smart airport) and emotional (emotional airport) service of quality drivers In public areas, guaranteeing Turning airside areas into territories of passengers an efficient, flui
Slide 8: Paris-CDG
PARIS-CDG Régis Lacote, Paris-CDG Managing Director EXTIME CONFERENCE – 5 APRIL 2023 8
Slide 9: Paris-Charles de Gaulle Airport Investors Presentation
PARIS-CHARLES DE GAULLE AIRPORT INVESTORS PRESENTATION 05/04/2023 DOCUMENT CONFIDENTIEL
Slide 10: Paris-CDG Executive Team
PARIS-CDG EXECUTIVE TEAM REGIS LACOTE Airport management is organized around: PARIS-CDG MANAGING DI RECTOR PARIS-CDG RENAUD DUPLAY PRESENTATION • Airport processes : Airside, Passengers terminal, Baggage, Landside & Utilities. DEPUTY MANAGING DI RECTOR • Related expertise in Real time management, De
Slide 11: Paris-CDG - Overview
PARIS-CDG - OVERVIEW PARIS-CDG PRESENTATION FEDEX TECHNICAL AREA TERMINAL 1 NORTHERN RUNWAYS NORTH AÉROVILLE TOWER ROISSYPÔLE OUEST CENTRAL TERMINAL 3 TOWER CARGO AREA TERMINAL 2 ROISSYPÔLE EST B SOUTH LES RENARDIÈRES A TOWER D C F EE Hall K SOUTHERN RUNWAYS TRANSPORT CÔTÉ VILLE / LANDSIDE TRANSPORT
Slide 12: Intermodality and Accessibility
INTERMODALITY PARIS-CDG PRESENTATION AND A C C E S S I B I L I T Y A WELL-CONNECTED AIRPORT 53 TGV/DAY CDGVAL F R E E O N - SITE 4.2 MILLION PASSENGERS AUTOMATIC TRA I N S H U T T L E CONNECTING T1 AND T 2 IN 8 MIN INCLUDING 3.36 MILLION FOR TGV/AIRCRAFT CONNECTIONS BUSES 42 LOCAL URBAN R OU T E S 3
Slide 13: Paris CDG - Key Facts & Figures
PARIS CDG - KEY FACTS & FIGURES PARIS-CDG 2022 PRESENTATION 9 Passenger terminals 3 towers Control PARIS-CDG MEETS THE HIGHEST 300 No. 1 BUSIEST AIRPORT 4 Runways INTERNATIONAL AVIATION SAFETY DESTINATIONS in 119 countries IN UNION EUROPEAN 57.5 mPax (-24,5.% vs 2021) 2 Cargo areas STANDARDS 1 Techn
Slide 14: Robust & performant operations with a newly created Airport Operations Centre
ROBUST & PERFORMANT OPERATIONS WITH A NEWLY CREATED AIRPORT OPERATIONS CENTRE ▪ 4 achievements to better host our passengers Better management of our daily operations Better understanding of situations Better anticipation of any disruption Better allocation of our resources ▪ Up to 6 different partn
Slide 15: Paris CDG - an award-winning airport
PARIS CDG – AN AWARD-WINING AIRPORT PARIS-CDG PRESENTATION SKYTRAX WORLD AIRPORT AWARDS 2023 DU WORLD’S BEST AIRPORT 5 th in the top 100 of the world's Best Airport (up 1 place). IN 2022 IN 2021 IN 2020 THE BD CONNECTION PARIS–CHARLES TERMINAL 3 WINS AWARD FOR AND THE TERMINAL 2E HALL L DE GAULLE RA
Slide 16: Paris CDG serving three major hubs
PARIS CDG SERVING THREE MAJOR HUBS PARIS-CDG PRESENTATION 138 AI RLINES INCLUDING CDG – HOME OF 3 MAJOR HUBS Vs 2019 AIR France 56.9% of traffic 50.8% EASYJET 8.1% of traffic 7.3% DELTA AIRLINES 2.7% of traffic 2.4% T U R K HAVA YOLLARI A.O.-T 1.7% of traffic 2.4% (Vueling) VUELING AIRLINES S.A 1.5%
Slide 17: Breakdown of passenger traffic/movements
B R E A K D O W N O F PASSENGER TRAFFIC/M O VEMENTS 2022 FIGURES PASSENGERS 59.45% 40.55% 34,167,685 23,305,914 Medium-body Wide-body aircraft aircraft FLIGHTS 28.20% 71.79% 113,615 Wide-body 289,218 aircraft Medium-body aircraft PAGE 17
Slide 18: 2023 summer peak: expecting close to a full recovery vs. 2019
2023 SUMMER PEAK: EXPECTING CLOSE TO A FULL RECOVERY VS. 2019 PARIS-CDG ASSUMPTIONS OF RECOVERY (ATMs) FOR WEEK 27 OF SUMMER 23 – VS. PEAK WEEKS OF SUMMER 19 & SUMMER 22 PRESENTATION FOCUS ON PEAK WEEK DEP. MOVEMENTS VS. 2019 94% 97% DEP. MOVEMENTS DURING MORNING PEAK VS. 2019 of 2019 of 2019 ATMs A
Slide 19: An international hub consisting of 7 daily waves of arrivals and departures
AN INTERNATIONAL HUB CONSISTING OF 7 DAILY WAVES OF ARRIVALS AND DEPARTURES PARIS-CDG PRESENTATION HUB PASSENGER TRAFFIC AND WAVES ORIGINS/DESTINATIONS (T2E-2F-2G, Summer 2022, week 27, PAX / 30 min) 40 000 France & America (N+S) Europe 30 000 Southeast Asia America (N+S) Middle East France & Overse
Slide 20: Terminals 2E, 2F, 2G are the heart of Paris-CDG hub
TERMINALS 2E, 2F, 2G ARE THE HEART OF PARIS-CDG HUB PARIS-CDG PRESENTATION XX.X % SHARE OF CONNECTING TRAFFIC PER TERMINAL SKYTEAM HUB XXmin Connecting time 48.0% 47.2% 2.6% TERMINAL 2F TERMINAL 2E 54.2% c.90min TERMINAL 2BD within T1 c.120min between TERMINAL 2G T1 & T2 TERMINAL 3 c.90min TERMINAL
Slide 21: A seamless & universal customer journey with the deployment of a smart airport
A SEAMLESS & UNIVERSAL CUSTOMER JOURNEY WITH THE DEPLOYMENT OF A SMART AIRPORT CHECK-IN SECURITY & BAGGAGES BOARDING BORDER CONTROL SELF SERVICE KIOSKS & E-BORDER GATES RFID BAG TAG SELF BOARDING GATES AUTOMATED BAG DROP >100 ADDITIONAL SELF BAG +20% E-BORDER GATES BY S23 EXTEND CURRENT DEPLOYMENT D
Slide 22: Extime & Retail Strategy
EXTIME & RETAIL STRATEGY Mathieu Daubert, Chief Customer Officer EXTIME CONFERENCE – 5 APRIL 2023 22
Slide 23: ADP Retail and Hospitality: a first cycle of growth between 2006 and 2019
ADP Retail and Hospitality A first cycle of growth between 2006 and 2019 EXTIME CONFERENCE – 5 APRIL 2023 23
Slide 24: A first cycle of growth between 2006 and 2019
1 A FIRST CYCLE OF GROWTH BETWEEN 2006 AND 2019 A FIRST CYCLE OF GROWTH BETWEEN Sales growth 4 times higher than traffic growth (and even greater value growth for ADP SA) 2006 AND 2019 DRIVERS OF GROWTH A STRONG BUSINESS MODEL 2006-2019 240 BASE 100 = 2006 SALES = SALES IN RETAIL SHOPS, FOOD & BEVER
Slide 25: 2006-2019: the growth of airside sales per pax (SPP)
1 2006-2019 : THE GROWTH OF AIRSIDE SALES PER PAX (SPP) A FIRST CYCLE OF A very atypical growth of SPP compared to the european market GROWTH BETWEEN 2006 AND 2019 LEVERS 2006-2019 A STEADY AND STRONG GROWTH OF SPP 25 € Development of Beijing the most contributive Xi’an Jinan Chengdu Shanghai Chongq
Slide 26: A cycle of growth abruptly interrupted by the Covid crisis
1 A CYCLE OF GROWTH ABRUPTLY INTERRUPTED BY THE COVID CRISIS A FIRST CYCLE OF GROWTH BETWEEN A damaged Business Model despite a still growing SPP and maintained concession rates 2006 AND 2019 COMING OUT OF THE CRISIS, SPP IS RECOVERING FASTER THAN TRAFFIC COVID CRISIS 2020-2021 BASE 100 = 2006 200 T
Slide 27: ADP Retail & Hospitality 2022-2032, a new cycle of growth thanks to Extime
ADP Retail & Hospitality 2022-2032, a new cycle of growth thanks to Extime EXTIME CONFERENCE – 5 APRIL 2023 27
Slide 28: Extime: a paradigm shift in the business model
2 EXTIME : A PARADIGM SHIFT IN THE BUSINESS MODEL 2022-2032, A NEW CYCLE OF GROWTH New Levers of Growth in a context of Organic Growth THANKS TO EXTIME LEVERS 2006-2019 2022-2032, NEW LEVERS ACTIVATED BY EXTIME TO ENTER A NEW CYCLE OF ORGANIC GROWTH WITH STRONG DYNAMICS Development of Beijing SPP DR
Slide 29: The collection of boutique terminals
2 THE COLLECTION OF BOUTIQUE TERMINALS 2022-2032, A NEW CYCLE OF GROWTH A Collection structured around 2 ranges THANKS TO EXTIME Premium Lifestyle **** / ***** *** / **** Boarding Area Boarding Area Beauty Food & dining Luxury Walkthrough EXTIME CONFERENCE – 5 APRIL 2023 29
Slide 30: The collection of boutique terminals
2 THE COLLECTION OF BOUTIQUE TERMINALS 2022-2032, A NEW CYCLE OF GROWTH THANKS TO EXTIME PARIS-CHARLES DE GAULLE PARIS-ORLY Orly 1&2 Terminal 2BD Terminal 2F Terminal 2E-L Terminal 1 int Terminal 3 Terminal 2G Orly 3 Orly 4 Terminal 1 sch 2022 SPP RETAIL Terminal 2AC Terminal 2E-K Terminal 2E-M >€40
Slide 31: Premium: a mastered format driving exceptional performance
2 PREMIUM : A MASTERED FORMAT DRIVING EXCEPTIONAL PERFORMANCE 2022-2032, A NEW CYCLE OF GROWTH The Boutique Terminals 2EK et T1 international already deliver best performance wordlwide THANKS TO EXTIME A Best in class performance for A mastered model, delivering the same Best-in class the 2EK flagsh
Slide 32: Premium: an optimization of the flagship boutique terminal 2EK
2 PREMIUM : AN OPTIMIZATION OF THE FLAGSHIP BOUTIQUE TERMINAL 2EK 2022-2032, A NEW CYCLE OF GROWTH A 2023-2026 project to drive performance further THANKS TO EXTIME Drive Retail Implement Extime Performance further Hospitality standards • Transform & enlarge the Beauty • New design by a famous Frenc
Slide 33: Lifestyle: a new format in the process of fine tuning
2 LIFESTYLE : A NEW FORMAT IN THE PROCESS OF FINE TUNING 2022-2032, A NEW CYCLE OF GROWTH The Boutique Terminal 2BD, the newly opened Laboratory for the Lifestyle Format THANKS TO EXTIME An optimized performance Food (Confectionary & Fine Food, Food & Beverage) plays a Key role in the performance SP
Slide 34: Lifestyle: Orly 4, the next lifestyle boutique terminal to come
2 LIFESTYLE : ORLY 4, THE NEXT LIFESTYLE BOUTIQUE TERMINAL TO COME 2022-2032, A NEW CYCLE OF GROWTH A 2023-2025 project to drive performance further THANKS TO EXTIME All the standards of a Lifestyle Implement Extime Boutique Terminal Hospitality standards implemented • New design by Philippe Starck
Slide 35: The diversification into new markets of hospitality
2 THE DIVERSIFICATION INTO NEW MARKETS OF HOSPITALITY 2022-2032, A NEW CYCLE OF GROWTH Duplicate the recipes for success of Extime Retail in the Hospitality industry THANKS TO EXTIME Extime Lounge, a new Extime Exclusive, a new range of common palace on the runway lounges with a unique with a unique
Slide 36: A full ecosystem to drive demand before the arrival at the airport
2 A FULL ECOSYSTEM TO DRIVE DEMAND BEFORE THE ARRIVAL AT THE AIRPORT 2022-2032, A NEW CYCLE OF GROWTH An ecosystem fully integrated with operations on the shopfloor THANKS TO EXTIME Loyalty program Marketplace Clienteling Extime Rewards www.extime.com Le Club by Extime Go live May 2023 A chance to i
Slide 37: A full ecosystem to drive demand: an essential lever of growth
2 A FULL ECOSYSTEM TO DRIVE DEMAND BEFORE THE ARRIVAL AT THE AIRPORT 2022-2032, A NEW CYCLE OF GROWTH An essential lever of growth for our commercial activities THANKS TO EXTIME Segment customers Interact with customers Grow the & increase knowledge during Pre-travel period average basket 2.0M 78% X
Slide 38: A new organization around a central and a local structure
2 A NEW ORGANIZATION AROUND A CENTRAL AND A LOCAL STRUCTURE 2022-2032, A NEW An organization setting up the beginnings of a Franchise CYCLE OF GROWTH THANKS TO EXTIME A CENTRAL STRUCTURE, ACTING AS A LOCAL STRUCTURE OPERATING OUR A FRANCHISOR COLLECTION OF PARISIAN VENUES Build Branding & Global Ser
Slide 39: Extime Paris manages several operators in each boutique terminal
2 EXTIME PARIS MANAGES SEVERAL OPERATORS IN EACH BOUTIQUE TERMINAL 2022-2032, A NEW CYCLE OF GROWTH 4 Product Lines operated par different operators, being mainly Extime Certified Operators THANKS TO EXTIME FOOD & SEATING, LEISURE & RETAIL including LOUNGES ADVERTISING BEVERAGE AMNENITIES Other Oper
Slide 40: Extime Paris: a new ambition of service to drive performance
2 EXTIME PARIS : A NEW AMBITION OF SERVICE TO DRIVE PERFORMANCE 2022-2032, A NEW CYCLE OF GROWTH An essential lever of growth for our commercial activities THANKS TO EXTIME A community of Extimers A new global platform federated by a team of of services that benefits all Maîtres de Maison operators
Slide 41: 2022-2025: a new cycle of growth of SPP extending past trends
2 2022-2025 : A NEW CYCLE OF GROWTH OF SPP EXTENDING PAST TRENDS 2022-2032, A NEW A convincing performance in 2022 to start the new cycle CYCLE OF GROWTH THANKS TO EXTIME LEVERS OF 2022-2025 SPP GROWTH A STEADY SPP GROWTH EXTENDING PAST TRENDS 35 € Diversification into €29.5 Beijing new markets of X
Slide 42: 2022-2025: a new cycle of growth extending past trends
2 2022-2025: A NEW CYCLE OF GROWTH EXTENDING PAST TRENDS 2022-2032, A NEW CYCLE OF GROWTH Historical trends to be back from 2023 THANKS TO EXTIME 300 BASE 100 = 2006 SALES = SALES IN RETAIL SHOPS, FOOD & BEVERAGES, SERVICES AND ADVERTISING (LANDSIDE & AIRSIDE) 250 SPP Airside 2025 target 200 at €29.
Slide 43: In addition, a new business model to drive value
2 IN ADDITION, A NEW BUSINESS MODEL TO DRIVE VALUE 2022-2032, A NEW CYCLE OF GROWTH A new business model increasing value for ADP THANKS TO EXTIME The transformation of the JVs into certified Operators A Central structure that drives new Value for ADP acts as a Franchisor, 1) At the end of each cont
Slide 44: Conclusion
CONCLUSION Philippe Pascal, Deputy Executive Officer in charge of Finance, Strategy and Administration EXTIME CONFERENCE – 5 APRIL 2023 44
Slide 45: Extime will be a pioneer in airport hospitality & retail
4 EXTIME WILL BE A PIONEER IN AIRPORT HOSPITALITY & RETAIL CONCLUSION DEPLOY OUR MOST PERFORMING RETAIL MODELS LEVERAGE OUR MULTI LOCAL NETWORK TO ALL OF OUR TERMINALS TO EXPORT EXTIME DEVELOP NEW SERVICES & TOOLS BECOME THE TO CAPTURE FIRST AIRPORT HOSPITALITY AND STIMULATE DEMAND FRANCHISE DRIVE T
Slide 46: Q&A
Q&A EXTIME CONFERENCE – 5 APRIL 2023 46
Slide 47: Disclaimer
Disclaimer This presentation does not constitute an offer of, or an invitation by or on behalf of Aéroports de Paris to subscribe or purchase financial securities within the United States or in any other country. Forward-looking disclosures are included in this press release. These forward-looking d