ADP: EUR 389 ME in compensation for Atatürk

(CercleFinance.com) - ADP welcomed the notification from Turkish authorities confirming compensation of TAV Airports for the early closure of Atatürk airport.


“TAV Airports received official notification of the amount of compensation for loss of earnings owing to the early closure of Istanbul airport Atatürk, from the Turkish National Transport Authority (DHMI)" ADP reported.

A compensation proposal for an amount of EUR 389 million was made and accepted by TAV Airports.

"This compensation has a slightly positive impact on ADP's net attributable profit. The difference between these effects and the precise impact on Groupe ADP accounts, will be specified during the publication of Groupe ADP 2019 annual results, on 10 February 2020” the group added.

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