ADP's Strong Revenue Fails to Lift Shares

Despite exceeding revenue expectations with a nine percent sales increase to €1.87 billion, Groupe ADP, operator of Paris airports, saw shares dip. Strong retail, service, and international division results fueled growth, with passenger traffic up four percent since January. While management remains confident and reaffirmed 2025 goals, broader economic concerns tempered investor enthusiasm. The company projects continued passenger growth and core income increases, signaling optimism for future performance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.