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Finavia revenue & profit down 4.5% in 2009

1-Mar-2010 1:02 PM

Finland’s Finavia revenue down 4.5% - financial highlights for the 12 months ended 31-Dec-2009:

  • Revenue: EUR321 million, -4.5% year-on-year;
  • Cost: EUR242.4 million, -0.3%;
  • Operating profit*: EUR25.4 million, -28.6%;
  • Net profit: EUR249.6 million, compared to a profit of EUR35 million in the previous corresponding period. [more]

*Before write-down and extraordinary items relating to incorporation, which total EUR275 million

Finavia: “Finavia will face a number of challenges in 2010. According to our forecast, the number of passengers in domestic traffic will decrease. However, the number of passengers in international traffic is expected to slightly rise at the end of the year. The trend in passenger numbers is largely dependent on the development in the entire global economy and especially the general economic situation in Finland," Samuli Haapasalo, President & CEO. Source: Finavia, 25-Feb-2010.