Eiffage : APRR turnover and traffic for the year 2020 and the 4th quarter 2020

Vélizy-Villacoublay, 26th January 2021 17:45

Press release

APRR turnover and traffic for the year 2020 and the 4th quarter 2020

At 31 December 2020

Consolidated revenue

in millions of euro	At 31/12/2019	At 31/12/2020	% change
Toll revenue	2,534.5	2,100.4	-17.1%
Revenue from retail facilities,	76.5	68.8	-10.0%
telecommunications and others
Revenue excluding Construction	2,611.0	2,169.2	-16.9%
Construction revenue (Ifric 12)*	405.0	345.6	nm

Excluding Construction, APRR's consolidated revenue totalled €2,169.2 million at 31st December 2020, a decrease of 16.9% from €2,611.0 million at 31st December 2019.

Traffic

in millions of kilometres travelled		Total network
At 31/12/2019		At 31/12/2020	% change
Light vehicles	20,695		15,856	-23.4%
Heavy goods vehicles	3,886		3,557	-8.5%
Total	24,581		19,413	-21.0%

Overall traffic measured by total kilometres travelled decreased by 21% for the whole year 2020 compared to the previous year.

Light vehicles traffic decreased by 23.4% and heavy goods vehicles by 8.5%.

The sanitary crisis and the governmental measures to limit the spreading of the virus have had a significantly negative impact on the traffic.

4th quarter 2020 Consolidated revenue

in millions of euro	Q4 2019	Q4 2020	% change
Toll revenue	605.2	494.4	-18.3%
Revenue from retail facilities,	20.0	17.4	-13.1%
telecommunications and others
Revenue excluding Construction	625.2	511.7	-18.1%
Construction revenue (Ifric 12)*	102.3	130.0	nm

Excluding Construction, APRR's consolidated revenue totalled €511.7 million in the fourth quarter of 2020, a decrease of 18.1% from €625.2 million in the fourth quarter of 2019.

Traffic

in millions of kilometres travelled		Total network
Q4 2019	Q4 2020	% change
Light vehicles	4,807	3,391	-29.5%
Heavy goods vehicles	972	952	-2.1%
Total	5,779	4,343	-24.8%

Overall traffic measured by the total kilometres travelled decreased by 24.8% during the fourth quarter of 2020 compared to the same period in 2019.

Light vehicles traffic decreased by 29.5% (as a reminder, December 2019 traffic had been had been favourably impacted by the disruptions affecting the rail service) and heavy goods vehicles by 2.1%.

1. Reminder: 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: [e-mail]	E-mail:[e-mail]