Aeroports de Paris SA
ADP: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| T^J | LOCK|J>yxx | LOCK|dxy^b^ |
Initiating Coverage on Aeroports de Paris, the French Airport Operator
Business Strategy and Outlook
Aeroports de Paris owns and operates Paris’ three commercial airports (Charles de Gaulle, Orly, and Paris-Le Bourget). it was privatized in 2005 and listed in 2006, with the French state retaining a 50.6% stake and 58.6% of voting rights.
