TAV Airports Holding's revenue up 25% in 1H2010

Turkey's TAV Airports Holding reports (11-Aug-2010) the following financial/traffic highlights for the six months ended 30-Jun-2010:

• Revenue: EUR351.3 million, +25% year-on-year;
  • Aeronautical: EUR86.7 million, +26%;
  • Sale of duty free goods: EUR73.6 million, +11%;
  • Ground handling: EUR66.1 million, +42%;
  • Commission from duty free sales: EUR34.2 million, +9%;
  • Catering services: EUR20.5 million, +20%;
  • Other: EUR70.2 million, +41%;
• Operating costs: EUR293.6 million, +21%;
• EBITDA: EUR85.4 million, +52%;
• Net profit: EUR6.9 million, compared with a loss of EUR2.5 million in p-c-p;
• Operating cash flow: EUR64.5 million, +887%;
• Total assets: EUR2,044 million, +6.3% when compared with period ended 31-Dec-2009;
• Total liabilities: EUR1,527 million, +1.1% when compared with period ended 31-Dec-2009;
• Net debt: EUR932.3 million, -4%;
• Passenger numbers: 21.3 million, +13%;
• Aircraft movements: 188,907, +9%. [more]