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13-May-2016 1:06 PM

Copenhagen Airport EBITDA up 14% in 1Q2016, outlook remains unchanged

Copenhagen Airport revenue up 11% - financial highlights for three months ended 31-Mar-2016:

  • Revenue: DKK966 million (EUR129.5 million), +10.8% year-on-year;
    • Aeronautical: DKK546.6 million (EUR73.3 million), +12.8%;
      • Take-off revenue: DKK104.4 million (EUR14.0 million), +9.5%;
      • Passenger revenue: DKK245.4 million (EUR32.9 million), +10.2%;
      • Security revenue: DKK129.3 million (EUR17.3 million), +15.0%;
    • Non-aeronautical: DKK419.1 million (EUR56.2 million), +8.2%;
      • Concession: DKK273.0 million (EUR36.6 million), +8.5%;
        • Shopping centre: DKK175.7 million (EUR23.6 million), +5.6%;
        • Parking: DKK85.6 million (EUR11.5 million), +13.4%;
      • Rent: DKK49.6 million (EUR6.7 million), +4.6%;
  • EBITDA: DKK507 million (EUR68.0 million), +13.9%;
  • Net profit: DKK228 million (EUR30.6 million), +26.7%;
  • Total assets: DKK10,537 million (EUR1412 million);
  • Cash: DKK61.6 million (EUR8.3 million);
  • Total liabilities: DKK7325 million (EUR981.8 million). [more - original PR]

*Based on the average conversion rate at DKK1 = EUR0.134037

Copenhagen Airport: "Based on the expected traffic programme for 2016, an increase in the total number of passengers is expected. Developments in passenger numbers is a dynamic factor that is subject to both positive and negative influence from general economic developments, decisions by airlines relating to routes and capacity as well as isolated events in the airline industry. The increase in passenger numbers is expected to have a favourable impact on revenue." Source: Company statement, 12-May-2016.

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