Aéroports de Paris has been a public limited company with a Board of Directors since the 22nd of July 2005. The Board of Directors determines the directions of the company’s business and ensures that they are implemented. It supervises the management of the Company and ensures the quality of the information given to shareholders. 

Administrative bodies and the general management 

The Board of Directors
Since 15 July 2009, the Board of Directors has comprised 18 members, distributed among three sections: six directors appointed by the general shareholder meeting, six directors appointed by decree representing the government authorities and six employee-elected directors, representing the employees. The Aéroports de Paris Chairman and CEO chairs the Board of Directors.

Two non-voting Board members with consultative capacity appointed by the general meeting also participate in the Board of Directors.

The terms of the directors and non-voting Board members with a duration of five years took effect on 15 July 2009. In 2021, the Board of Directors met 9 months with an attendance rate of 87%.

Dedicated committees
Three consultative committees contribute to the preparation of the Board's decisions by issuing opinions: 
• The Audit Committee
• Strategy and Investment Committee 
• a Compensation Committee
The Board of Directors is made up of the Executive Committee 
The Company has an executive Committee. Chaired by the Deputy Chief Operating Officer, the Executive Committee ensures the company's strategic and operational management. It discusses all subjects relating to its smooth running and that all decisions are properly carried out. It meets once a week.

Groupe ADP was formed as a national pubic institution in October 1945 with a public service remit to build, operate and develop civilian airports in a 50 km radius around Paris.

History from 1945 to the present day

The company's activities are split into 4 main segments:
Access to the operations of Groupe ADP
 

Consult Group ADP strategy

The Paris airports host the majority of the world’s major international airlines, including those belonging to the three principal alliances, SkyTeam, Star Alliance and oneworld.  And Transavia.com, Vueling, easyJet, Delta Airlines, Turkish Airlines and Air Caraïbes.

Services were provided to 300 cities worldwide from Paris-Charles de Gaulle airport and Paris-Orly airport, which served 187 cities.

 

The Group's share of net income (RNPG) is €342 million, down -45.8% or €289 million compared with 2023. In 2025, the Group expects revenue growth to be driven by the positive effects described above: increased traffic in Paris and abroad, and growth in commercial activities. Real estate activities, which are resilient by nature, will also make a positive contribution to organic growth.

Groupe ADP net financial debt stood at €8,572 million at 31 December 2024, compared with €7,934 million at 31 December 2023. At 31 December 2024, the debt-to-equity ratio was 4.1x EBITDA for 2024, compared with 4.4x EBITDA at the end of 2023.

In 2025, passenger traffic in Paris is expected to rise by between +2.5% and +4.0% compared with 2024. The Group anticipates a gradual normalisation of traffic towards an average annual growth rate of 1 to 1.5% per year over the period 2024-2050, slightly lower than that recorded before the Covid-19 crisis, but with a more positive traffic mix.

 Access to the Group's strategic vision: 2025 Pioneers

As a majority shareholder, the government approves major decisions which are the responsibility of the General Meeting (appointing directors, profit distribution, dividend distribution, changes in Articles of Association etc.). 
However, it does not intervene in the daily management which is the responsibility of the Chairman and CEO and his management team (Executive Committee).
The government also plays an essential role as a regulator: it sets a legal and regulatory framework for airport operations (transposition of international standards, environmental regulations) and is involved in determining the pricing policy of the Group through the Economic Regulation Agreement.

Aéroports de Paris are listed on the NYSE Euronext Paris (sub-fund A).
It is part of the indices SBF120, CAC Next 20 and the ISR indexes holding the "socially responsible" non-financial rating of " Aspi Eurozone Europe and ESI. 
Its ISIN code is FR0010340141. It is eligible for the Deferred Settlement Service (SRD) and the Shares Saving Plan (PEA).

On our website www.parisaeroport.fr or by calling free on 0800 101 800 (From abroad + 33 1 55 77 30 11).

Savings on management costs (exempt from custodial fees and some ongoing management costs).

 

•  Easy, personalised access to the General Meetings.

•  Personalised information: all registered shareholders receive their account statements, their transaction notifications and a tax statement as well as any information concerning the Group's financial transactions.

The securities continue to be managed by the financial intermediary. However, these shares are not exempt from custodial fees. However, the shareholder enjoys easy, personalised access to the General Meetings.
 

All documents can be downloaded on www.parisaeroport.fr or requested by calling free on 0800 101 800 (From abroad + 33 1 55 77 30 11).

If you own bearer shares in Aéroports de Paris, and want to convert them into registered, pure or administered shares, you must submit your request to your broker who will carry out this operation. You can also call 0800 101 800 -  From abroad + 33 1 55 77 30 11 (calls free from landlines) and choose option "registered".

Yes. You should contact UPTEVIA, the establishment Groupe ADP has mandated to manage the shares of registered shareholders. To do this, call 0800 101 800 (From abroad + 33 1 55 77 30 11).

On 7 June 2024, Aéroports de Paris will pay its shareholders a dividend of €3.82 per share, i.e. a total of €377 million.

A distinction must be made between the taxation of dividends and that of capital gains from securities transfers.

Taxation of dividends

A distinction must be made between the taxation of dividends and that of capital gains from securities transfers.
The tax regime is unchanged for 2015.
The finance law for 2013 removed the option of a 21% flat-rate withholding, which exempted the balance of income from tax. Dividends received after 1 January 2013 by natural persons resident in France for tax purposes are subject to the progressive scale of personal income tax.
A statutory withholding of 21%, which acts as an income tax prepayment and does not exempt the balance of income from tax, has been introduced on the total amount of dividends paid.
This withholding will be applied to the income due by the shareholder for the year during which the dividend was paid, and any surplus income tax will be rebated.
However, an exemption from the withholding is applicable in the following cases: those persons whose taxable income does not exceed €50,000 for a single person, and €75,000 for a couple.
In such cases. Applications to benefit from this exemption must be made at the latest by 30th November of the year before the tax is to be paid. 
In consideration of the progressive-scale statutory withholding, a partial income tax deduction of 5.1% may be claimed on the CSG (General Social Contribution).
Shareholders continue to enjoy an annual, non-capped allowance of 40% on the total amount of dividends received.

Taxation of capital gains on the disposal of securities
The tax regim is unchanged for 2015:
Capital gains are subject to the progressive-scale corporation tax, with a partial CSG deduction of 5.1%.
Taxpayers can however benefit from an allowance system calculated in line with the length of time the securities have been held:
- 50% of net profits on the sale of securities or distribution of dividends when shares, units, options or securities have been held for at least two years and not more than eight years at the date of transfer of title or distribution of dividends
- 65% of net profits on the sale of securities or distribution of dividends when shares, units, options or securities have been held for at least eight years at the date of transfer of title or distribution of dividends.
The length of time the shares have been held is still calculated from the date of issue or acquisition of the shares, units, options or securities up to the date of transfer of title.
Certain financial instruments fostering stock market investment continue to reduce the tax burden. This is particularly the case for the equity savings plan (PEA), if you have held your shares for five years from the date when the plan was opened. The limit for cash payments is €150,000 per plan for a single person and €300,000 per plan for a couple.