3-May-2011 11:45 AM
TAV Airports Holding's revenue up 27%, EBITDA doubles in 1Q2011
Turkey's TAV Airports Holding revenue up 27% - financial highlights for the three months ended 31-Mar-2011:
- Revenue: EUR177.2 million, +27% year-on-year;
- Aviation: EUR42.4 million, +22%;
- Sales of duty free goods: EUR40.3 million, +24%;
- Ground handling: EUR34.5 million, +64%;
- Commission from duty free sales: EUR17.5 million, +16%;
- Catering services: EUR11.0 million, +18%;
- EBITDA: EUR35 million, +100%;
- Airports: EUR30.6 million;
- Istanbul Airport: EUR24.1 million;
- Ankara Airport: EUR5.1 million;
- Airports: EUR30.6 million;
- Net profit (loss): (EUR14.5 million), compared with a loss of EUR15.3 million in p-c-p;
- Passenger numbers: 10.1 million, +8%;
- Domestic: 4.5 million, +8%;
- International: 5.6 million, +8%;
- Aircraft movements: 894,575, +8%;
- Domestic: 37,143, +11%;
- International: 57,432, +6%;
- Total assets: EUR1999 million, -2.0% when compared with the period ended 31-Dec-2010;
- Cash and cash equivalents: EUR52.6 million, +62.2% when compared with the period ended 31-Dec-2010;
- Total liabilities: EUR1467 million, -2.1% when compared with the period ended 31-Dec-2010. [more]