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Ferrovial year to Sep-2009 revenue down 7.6%, EBITDA down 2%

30-Oct-2009 1:24 PM

Spain’s Ferrovial revenue down 7.6% - consolidated financial highlights for the nine months ended 30-Sep-2009:

  • Revenue: EUR9,045 million, -7.6% year-on-year;
    • BAA: EUR2,346 million, -6.8%;
    • Swissport: EUR837.0 million, -4.2%;
  • EBITDA: EUR1,946 million, -2.0%;
    • BAA: EUR1,046 million, +2.0%;
    • Swissport: EUR49.9 million, +1.1%;
  • EBIT: EUR1,183 million, +6.9%;
    • BAA: EUR493 million, +18.8%;
    • Swissport: EUR26.3 million, +1.6%;
  • Passenger numbers:

Ferrovial: “BAAs results have been marked by a recovery in air traffic, particularly at Heathrow. Heathrow airport is performing well: its traffic fell just 2.3% in the first nine months, which is much lower than the other major European airports. In the third quarter it even managed to record growth of 0.3%. Heathrow, the UKs largest airport, attained GBP1,231.2 million in revenues and GBP554.9 million in EBITDA. BAAs passenger numbers reached 111.1 million in the first nine months of the year, and traffic performance has improved steadily as the year progressed. In the third quarter, traffic was down 3% compared to 10% in the first quarter,” Company statement. Source: Ferrovial, 29-Oct-2009.