(Reuters) – The share price of the ADP group (formerly Aéroports de Paris) fell on the stock market on Monday, with Jefferies analysts citing the announcement by the French Minister of Transport, Clément Beaune, of a reform of airport regulation which would put an end to to the “single fund”.

“The ADP stock is down this morning in reaction to comments from the French Minister of Transport, Clément Beaune, who announced a reform allowing certain French airports to move away from the current single checkout model for a converted checkout,” note the analysts. in a note published Monday.

At 1:00 p.m., ADP shares lost 1.47% to 113.2 euros, after falling more than 8% in early morning trading.

According to La Tribune, the announcement was made on Friday during the congress of the Union of French Airports (UAF).

“I made the decision to put in place for the large state airports, which today have a single checkout, a model of an adapted and incentive checkout,” declared Clément Beaune during this congress, according to comments reported by La Tribune.

Clément Beaune explained that he had made the decision to put in place a modified and incentive-based cash register model for large regional state airports, which are currently operating under a single checkout system, a spokesperson told Reuters on Monday. of the Ministry of Transport.

ADP is therefore not affected by this declaration, it is already in double cash, he clarified.

In their note, Jefferies analysts already estimated that the reform would have “no impact on the price regulation of Groupe ADP airports in Paris” and that the negative reaction on the stock market was therefore “excessive” and “unjustified” .

(Written by Dagmarah Mackos with Victor Goury-Laffont, edited by Blandine Hénault)

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