Aeroports de Paris SA
ADP: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| H^j | LOCK|hT&J | LOCK|RN@J&W< |
Tweaking Estimates to Reflect Middle East Disruptions
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.
