Eiffage: APRR reports fall in H1 revenues
(CercleFinance.com) - Eiffage's subsidiary APRR, which is Europe's fourth largest motorway operator, has reported H1 2020 consolidated sales, excluding Construction, of 934.
3 million euros, down 25.3% y-o-y.
Total traffic, measured in the number of kilometres travelled, declined by 30.6% in the first half of 2020. Passenger car traffic declined by 34% over the period, while truck traffic declined by 14.1%.
"The application of the lockdown and border closures in the second fortnight of March had a major impact on motorway. It then improved with the progressive lifting of these measures from May 11 in France," the group said.
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3 million euros, down 25.3% y-o-y.
Total traffic, measured in the number of kilometres travelled, declined by 30.6% in the first half of 2020. Passenger car traffic declined by 34% over the period, while truck traffic declined by 14.1%.
"The application of the lockdown and border closures in the second fortnight of March had a major impact on motorway. It then improved with the progressive lifting of these measures from May 11 in France," the group said.
Copyright (c) 2020 CercleFinance.com. All rights reserved.