Istanbul Sabiha Gokcen Airport EBITDA up 16% in 3QFY2012

India's GMR Infrastructure reported (08-Feb-2012) the following financial highlights** for Istanbul Sabiha Gokcen International Airport for three months ended 31-Dec-2011:

• Airport revenue: USD12.7 million, +20% year-on-year;
  • Aero: USD6.6 million, +29%;
  • Non-aero: USD6.1 million, +12%;
• EBITDA: USD6.8 million, +16%;
• Profit (loss) after tax: (USD4.9 million), compared to a loss of USD4.5 million in p-c-p;
• Passenger numbers: 3.2 million, +6%;
• Cargo volume: 2880 tons, -42%;
• Aircraft movements: 27,660, stable. [more - original PR]

*Based on the conversion rate at USD1 = INR49.15

**Corresponds to 40% stake in Istanbul Sabiha Gokcen International Airport