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The latest update is out from Aeroports de Paris ADP ( (FR:ADP) ).
Aéroports de Paris SA is undergoing a leadership transition with the French President’s proposal to appoint Philippe Pascal as the new Chairman and CEO, subject to parliamentary approval. Pascal, who has been with the company in key financial and strategic roles since 2013, will succeed Augustin de Romanet, while the board’s governance committee has been preparing for this succession to ensure a smooth leadership change.
More about Aeroports de Paris ADP
Groupe ADP, or Aéroports de Paris, specializes in developing and managing airports, including major hubs like Paris-Charles de Gaulle, Paris-Orly, and Paris-Le Bourget. In 2023, the company processed nearly 100 million passengers at its Paris airports and over 336 million globally. With a focus on modernizing terminal facilities and expanding retail and real estate ventures, Groupe ADP reported a revenue of €5,495 million and a net income of €631 million for the same year.
YTD Price Performance: -1.08%
Average Trading Volume: 35,286
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €10.97B
See more insights into ADP stock on TipRanks’ Stock Analysis page.
