My Account Menu

CAPA Login


Register to trial CAPA Membership!

Belgium’s Brussels Airport revenue down 0.7%, EBITDA up 6.9% in 4Q2009

8-Feb-2010 11:26 AM

Belgium’s Brussels Airport revenue down 0.7% - financial highlights:

  • Three months ended 31-Dec-20009:
    • Revenue: EUR87.3 million, -0.7% year-on-year;
      • Aeronautical: EUR55.1 million, +1.3%;
      • Retail: EUR12.8 million, +9.8%;
      • Property & Real Estate: EUR8.8 million, -6.7%;
      • Car parking & car rental: EUR5.5 million, -14.0%;
      • Commercial trading and other: EUR5.1 million, -15.2%;
    • Operating cost: EUR39.8 million, -8.4%;
    • EBITDA before specific items*: EUR47.5 million, +6.9%;
    • EBITDA: EUR40.4 million, -19%;
  • 12 months ended 31-Dec-2009:
    • Revenue: EUR365.7 million, -3.6%;
      • Aeronautical: EUR236.5 million, -4.5%;
      • Retail: EUR47 million, +1.4%;
      • Property & Real Estate: EUR39.5 million, +10.6%;
      • Car parking & Car rental: EUR22.4 million, -12.9%;
      • Commercial trading and other: EUR20.3 million, -15.0%;
    • Operating cost: EUR162.6 million, -0.7%;
    • EBITDA before specific items*: EUR203.1 million, -5.8%;
    • EBITDA: EUR191.2 million, -14.2%. [more]

*Includes EUR7.1 million in specific costs consisting primarily of restructuring and redundancies.

MAp: “The  significant  improvement  through  the  year  reflects  the  gradual restoration  of airline  capacity,  continued  delivery  of  new  routes  and  services  and  the  revenue  initiatives  and  productivity  gains  which  have  resulted  from  the  Sep-2009 financial performance improvement plan implemented under MAp’s stewardship,” Kerrie Mather, CEO. Source: MAp, 05-Feb-2010.