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Auckland Airport's FY2008/09 net profit down by 63%, but ahead of expectations

29-Sep-2009

Auckland Airport published its financial highlights for the 12 months ended 30-Jun-2009. The company, which handles around 70% of the country's international arrivals and departures, described the operating result as "solid", with increased revenue and operating earnings, and lower capital expenditure. Several restructuring and cost reduction programmes have been instigated. [939 words]

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Subheadings:

  • Brutal operating conditions
  • Trans-Tasman passenger increases off-set falls in other markets
  • Fighting fit

Graphs and data:

  • Table: Auckland Airport financial highlights, 12 months ended 30-Jun-09. All monetary amounts USD million.
  • Chart 1: Auckland Airport revenue and operating EBITDA: 2005 to 2009
  • Chart 2: Auckland Airport revenue growth and passenger number growth: 2005 to 2009
  • Chart 3: Auckland Airport EBITDA margin and profit after tax margin: 2005 to 2009
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