|La Défense, August 8th 2016
Infra Park group credit rating confirmed at BBB/Stable
On August 5th 2016, S&P confirmed the Infra Park group rating of BBB/Stable and improved its liquidity profile from adequate to strong.
This credit update highlights both the robustness of group's business model and the success of its growth strategy.
|Contact analysts / investors:||Press contact:|
|Edouard Risso||Benjamin Voron|
|Tel.: +33 1 49 03 14 60||Tel.: +33 1 49 03 15 90|
About Infra Park
Infra Park (previously named Infra Foch) holds about 100% of Indigo Infra (previously named VINCI Park) and 100% of Infra Park Digital. Indigo Infra is a key global player in car parking and urban mobility, which manages more than 2.0 million parking spaces in 16 different countries. Infra Park Digital is the digital arm of the Group. Its goal is to become a world leading provider of digital solutions for individual mobility, thanks to its new app OPnGO launched in June 2016. In 2015, Infra Park revenues and its EBITDA amounted to 795 million euros and 281 million euros respectively (Global Proportionate figures, pre IFRS 11).
Infra Park is indirectly held at almost 37% by investment funds managed by ARDIAN, almost 37% by Crédit Agricole Assurances, almost 25% by VINCI Concessions (VINCI group), and the remainder by the employees and management of the group.
Releases under ongoing disclosure requirements:
– General Company News
Full and original press release in PDF: