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TAV Airports Holding EBITDA up 21% in 2011

27-Feb-2012 1:14 PM

Turkey’s TAV Airports Holding revenue up 12% - financial highlights for 12 months ended 31-Dec-2011:

  • Revenue: EUR881.1 million, +12% year-on-year;
    • Aviation: EUR210.9 million, +5%;
    • Sales of duty free goods: EUR202.7 million, +22%;
    • Ground handling: EUR191.9 million, +26%;
    • Commission from duty free sales: EUR87.2 million, +12%;
  • EBITDA: EUR257.1 million, +21%;
  • Net profit: EUR52.8 million, +6%;
  • Passenger numbers: 52.8 million, +11%;
  • Aircraft movements: 451,153, +9%;
  • Total assets: EUR2081 million, +2.1%;
  • Cash and cash equivalents: EUR76 million, +137.5%;
  • Total liabilities: EUR1519 million, +1.3%. [more – original PR]