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Aeroports de Paris ADP ( (FR:ADP) ) just unveiled an update.
Philippe Pascal has been appointed as the new Chairman and CEO of Groupe ADP, following a Board of Directors meeting and the endorsement of France’s President. His extensive background in finance and prior roles within Groupe ADP position him well to lead the company. Justine Coutard has been appointed Deputy CEO, bringing her expertise in sustainable development and planning to the role. These appointments are expected to strengthen the leadership team and support Groupe ADP’s strategic goals, including enhancing service quality and expanding its airport operations.
More about Aeroports de Paris ADP
Groupe ADP manages and operates major airport platforms, including Paris-Charles de Gaulle, Paris-Orly, and Paris-Le Bourget. In 2023, it welcomed 99.7 million passengers at its Paris airports and 336.4 million passengers through other airports worldwide. The company focuses on enhancing its reception capacities and service quality, with interests in trade and real estate development. In 2023, Groupe ADP reported a revenue of 5,495 million euros and a net income of 631 million euros.
YTD Price Performance: 4.72%
Average Trading Volume: 43,790
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: €11.61B
For a thorough assessment of ADP stock, go to TipRanks’ Stock Analysis page.
