FRANCE. Groupe ADP recently reported nine-month results, with commercial performance through the company’s Extime Paris partnerships delivering strong growth in the period.
Retail & Services revenue reached €1,297 million, a leap of +27.1% year-on-year. Total group revenue grew +21.8% to €4,121 million. The figures were buoyed by healthy passenger traffic growth. At the key Paris airports, the figure climbed by +18.4% to 75.6 million in the period. This represented 91.4% of 2019 levels.
The key figure of sales per passenger from Extime outlets stood out in the first nine months, increasing by +13.7% over last year and +31.2% over 2019, at €29.70.
Groupe ADP Customer Director Mathieu Daubert said: “Revenues from commercial activities (comprising airside and landside revenues from stores, bars and restaurants, banking and foreign exchange, car rental and advertising) were up +30.1% to €837 million.
“This was notably driven by a very strong growth of our Extime sales per passenger, which reached €29.70 (+13.7% vs 2022 and +31.2% vs 2019). The first Extime Boutique Terminal at CDG Terminal 1 is now by far our best performing terminal, recording outstanding levels of sales per passenger.
“These results illustrate the relevance of our Extime project, which has enabled us to take our performance to a new level. The implementation of our digital ecosystem Extime Rewards and extime.com, and the ongoing deployment of our concept in all our terminals are valuable assets for the future.” ✈
