Loading
24-Aug-2015 10:10 AM

Auckland Airport reports strong FY2015 results

Auckland Airport revenue up 7% - financial highlights for 12 months ended 30-Jun-2015:

  • Revenue: NZD508.5 million (USD394.2 million), +6.9% year-on-year;
    • Airside: NZD93.3 million (USD72.3 million), +6.5%;
    • Passenger service charge: NZD140.9 million (USD109.2 million), +7.1%;
    • Retail: NZD132.0 million (USD102.3 million), +3.9%;
    • Car park: NZD46.6 million (USD36.1 million), +8.9%;
    • Total rental: NZD64.6 million (USD50.1 million), +8.9%;
    • Rental income - property: NZD50.1 million (USD+10.8%;
    • Rental income - aeronautical: NZD14.1 million (USD10.9 million), +3.7%;
    • North Queensland Airports: AUD127.5 million (USD106.2 million), +2.8%;
    • Queenstown Airport: NZD24.8 million (USD19.2 million), +13.2%;
  • EBITDAFI: NZD380.0 million (USD294.6 million), +7.0%;
  • Total assets: NZD5102 million (USD3955 million);
  • Total liabilities: NZD2059 million (USD1596 million). [more - original PR]

*Based on the average conversion rate at USD1 = NZD1.2898
*Based on the average conversion rate at USD1 = AUD1.2011

Auckland Airport: "We expect underlying net profit after tax (excluding any fair value changes and other one-off items) to be between NZD183 million and NZD191 million. As always, this guidance is subject to any material adverse events, significant one-off expenses, non-cash fair value changes to property and financial derivatives and deterioration due to global market conditions or other unforeseeable circumstances," Henry van der Heyden, Chairman. Source: Company statement, 24-Aug-2015.

Want More News Like This?

CAPA Membership provides access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More