Eiffage (FGR) Q3 2024 TU earnings summary

Executive summary

• Consolidated revenue excluding Construction rose 3.9% year-over-year to €2,401.2 million as of September 30, 2024.

• Q3 2024 revenue excluding Construction increased 5.1% year-over-year to €900.4 million.

• Aliaé (A79) revenue grew 12.4% year-over-year and 11.2% in Q3 2024.

Financial highlights

• APRR and AREA toll turnover up 3.8% year-over-year to €2,256.7 million as of September 30, 2024.

• Q3 2024 toll turnover increased 4.9% year-over-year to €843.5 million.

• Revenue from commercial, telecom, and other facilities up 3.4% year-over-year and 7.0% in Q3 2024.

• Construction revenue (IFRIC 12) rose 3.3% year-over-year to €144.6 million but declined in Q3 2024.

Segment performance

• APRR and AREA network traffic declined 0.3% year-over-year as of September 30, 2024; light vehicles -0.1%, heavy goods vehicles -1.1%.

• Q3 2024 network traffic increased 0.6% year-over-year; light vehicles +0.5%, heavy goods vehicles +1.7%.

• Aliaé (A79) network traffic up 7.7% year-over-year as of September 30, 2024, and 5.7% in Q3 2024.