The French government is considering raising taxes on motorway and airport concession holders to recover around 800 million euros, according to Orange Actualités. The plan is being weighed as part of budget preparations, the outlet reports.
News of the proposal hit listed operators. Vinci, Eiffage and ADP, the Paris airport group, all fell on the stock market, according to investir.lesechos.fr. Zonebourse Suisse reported that Eiffage dropped 2.5 percent, attributing the decline to the planned increase in taxes on motorways and major airports. Le Monde.fr described the measure as a proposed tax increase on motorway and airport concessions, and framed it in the context of the 2027 budget. 20 Minutes reported that the government wants to raise taxes on motorway concessionaires.
The reports do not specify the exact mechanism of the levy, the timing of any legislation, or whether the figure is a target or an estimate. No government statement confirming the plan was included in the material reviewed.
The proposal adds to the pressure on infrastructure groups whose French motorway and airport assets generate steady, regulated revenue. Investors treated the reports as a direct earnings risk, which explains the share price reaction across the three companies named.
What to watch: whether the government confirms the plan and the amount when the budget is presented, and how the concession holders respond.
