ADP: result finally off the ground in 2022
(CercleFinance.com) - ADP has published revenues of 4,688 million euros for 2022, up 68.
8% y-o-y, driven by the vigorous recovery in traffic, both in Paris and internationally, and the strong momentum of retail and services.
EBITDA also increased sharply, more than doubling from 751 million euros to 1,704 million euros. As a result, ADP is back in the black in 2022, with net profit, group share of 516 million euros, a far cry from the 248 million euro loss recorded twelve months ago.
ADP announces that, for 2022, it will propose a dividend, of 60% of earnings, i.e. E3.13 per share, more than triple the target floor of E1 per share.
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