UBS confirms its Buy recommendation on Eiffage, with a target price of E134, following the announcement of APRR's online traffic and sales figures. The target price represents a potential upside of 39%.

' Eiffage has published sales and traffic figures for Q4 2023 and FY 2023 for APRR ' says UBS.

The group announced last night that APRR's consolidated sales excluding Construction came to ME 3018.7 for FY 2023, up 7.1% on 2022.

Total traffic, measured in kilometers traveled, rose by 2.5% in 2023 compared with the previous year.

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