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Macquarie Infrastructure Co revenue down 36.9% in 2Q2009

10-Aug-2009 11:57 AM

USA’s Macquarie Infrastructure Company revenue down 36.9% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Total revenue: USD180.8 million, -36.9% year-on-year;
      • Airport services: USD111.0 million, -44.1%;
      • Airport parking business: USD17.4 million, -10.2%;
    • Total operating costs: USD219.5 million, -16.2%;
    • Operating profit (loss): (USD38.7 million), compared to a profit of USD24.7 million in the previous corresponding period;
      • Airport services: (USD46.7 million), compared to a profit of USD21.2 million in the previous corresponding period;
      • Airport parking business: USd794,000, +81.7%;
    • Net profit (loss): (USD29.0 million), compared to a profit of USD8.3 million in the previous corresponding period;
  • Six months ended 30-Jun-2009:
    • Total revenue: USD365.0 million, -35.4%;
      • Airport services: USD228.2 million, -42.6%;
      • Airport parking business: USD34.0 million, -11.1%;
    • Total operating costs: USD436.4 million, -15.1%;
    • Operating profit (loss): (USD71.5 million), compared to a profit of USD51.4 million in the previous corresponding period;
      • Airport services: (USD81.0 million), compared to a profit of USD47.2 million in the previous corresponding period;
      • Airport parking business: (USD5.2 million), compared to a profit of USD245,000 in the previous corresponding period;
    • Net profit (loss): (USD82.0 million), compared to a profit of USD6.3 million in the previous corresponding period.