By Thomas Varela



PARIS--French state-controlled airport operator Aeroports de Paris SA (ADP.FR) doesn't plan major acquisitions over the next two years, as it concentrates on bedding down its first foreign acquisition of a 38% stake in Turkish airport operator TAV Holding (TAVHL.IS) in March.



The company doesn't plan to bid for the recently announced privatization of Portuguese airports, Aeroports de Paris's Chief Financial Officer Laurent Galzy said on a conference call with reporters. The company, however, is still interested in Brazilian airports though it would invest with partners in a consortium, he added.



Galzy's comments come after the company reiterated it expects a slight growth in revenue and earnings before taxes, interest, depreciation and amortization in 2012. The company expects passenger traffic to rise 3.2% a year on average between 2010 and 2015 and it forecasts its Ebitda to rise 40% between 2009 and 2015.



The company also said its first-half net profit fell 18% to 147 million euros ($184 million), though revenue rose 4.1% to EUR1.27 billion over the same period. The net profit declined because profit in the first half of 2011 included income from the sale of assets.



During the conference call, Mr. Galzy also said Chief Executive Pierre Graff will leave the company in November after reaching the 65 years age limit set by company's corporate governance rules. Both Mr. Galzy and Mr. Graff, who spoke in an interview with local radio station Radio Classique, declined to provide details on the CEO's succession plan.



Shares of Aeroports de Paris were down 2.9% at EUR62.73 at 1010 GMT.



-Thomas Varela, Dow Jones Newswires; +331 40 17 17 72; thomas.varela@dowjones.com



(Inti Landauro contributed with this article.)



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