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Aeroports de Paris expecting roughly stable earnings in 2010

22-Feb-2010 12:34 PM

France’s Aeroports de Paris stated it expects roughly stable earnings in 2010 (Reuters, 19-Feb-2010). The airport owner reported a 4.1% increase in EBITDA, to EUR883 million for FY2009, on a 4.2% increase in revenue to EUR2.6 billion. The group also proposed to freeze tariffs this year due to a decline in passenger traffic in 2009, but plans to increase tariffs by approximately 1.4% p/a from 2011 to 2015. AdP also plans to invest in a five year, EUR2.4 billion project to renovate older terminals.