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AENA nearly triples losses to EUR69m in 2012

19-Sep-2013 3:54 PM

Spain's AENA reported (18-Sep-2013) a EUR68.9 million loss in 2012, almost triple the EUR25.3 million loss the operator reported for 2011. Other highlights include:

  • EBITDA: EUR235.9 million, -27% year-on-year;
  • Turnover: EUR3.3 billion, +2.2%;
  • Staff costs: EUR1.1 billion, +12.5%;
  • Group debt, end of 2012: EUR12.8 billion, -3.5%.

AENA noted the 2.2% increase in turnover is "particularly significant" given the economic conditions in the country, with a 5% year-on-year decline in passengers and a 10% year-on-year decline in operations. AENA said total operating expenses were in line with those of 2012, despite the 12% increase in staff costs. AENA also noted that EBITDA, adjusted for non-recurring effects, amounted to EUR1.3 billion, a 6.4% year-on-year increase on the EUR1.2 billion in 2011.  [more - original PR - Spanish[more - original PR II - Spanish]