Aeroports De Paris Sa (ARRPY) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Welcome to Group ADP twenty twenty six First Quarter Revenue Presentation. For the first part of the conference call, the participants will be in listen only mode. During the questions and answer session, participants are able to ask questions by dialing pound key 5 on their telephone keypad. Now I will hand the conference over to Cecil Combo, Head of Investor Relations, to begin today's conference. Please go ahead. Thank you, and good morning, everyone. Thank you for joining us for our twenty twenty six First Quarter Revenue Presentation. Before we begin, I would like to remind you as usual that today's discussion may include forward looking statements, which are subject to risks and uncertainties that could cause actual results to differ materially. For more details, please refer to the disclaimer included in our press release and on Slide 34 of our presentation. I will now hand over to Christelle de Robillard, Group CFO, who will take you through the prepared remarks before we open the call for questions during the Q and A session. Christelle, over to you. Thank you, Cecile, and good morning, ladies and gentlemen. Thank you for joining us to discuss our twenty twenty six first quarter revenue. Let me first turn to Slide three for our key highlights, starting with traffic. We delivered solid momentum in Q1 with group traffic of 2.2% to 84,000,000 passengers and Paris traffic of 2.6% to 24,000,000, demonstrating the resilience of our platforms despite reduced passenger flows with The Middle East since March. Consolidated revenue reached close to EUR 1,500,000,000, down slightly year on year. Ex time period SPP declined to €31.5 mainly due to an unfavorable FX impact, but also softer Middle East traffic against a particularly demanding comparison base in Q1 last year...