BAA’s cargo volume up by 17.9%; Copenhagen Airports revenue increases by 16.9%

• Passenger numbers: 10.9 million, +0.3% year-on-year;
  • London Heathrow: 6.7 million, +3.5%;
  • London Stansted: 2.0 million, -7.2%;
• Cargo volume: 150,417 tonnes, +17.9%;
  • Heathrow: 130,094 tonnes, +19.1%;
  • Stansted: 17,952 tonnes, +16%;
• Aircraft movements: 85,515, -0.4%;
  • Heathrow: 41,438, +2.9%;
  • Stansted: 14,143, -8.7%.

See related CAPA profile: Traffic and capacity

Copenhagen Airports (+0.2%) shares rose slightly after reporting the following financial highlights:

• Three months ended Jun-2010:
  • Revenue*:USD158.4 million, +16.9% year-on-year;
  • EBITDA: USD93.8 million, +15.8%;
  • Profit before tax: USD54.6 million, +9.4%;
  • Net profit: USD38.9 million, +5.2%;
  • Passenger numbers: +1.3%.
• Six months ended Jun-2010:
  • Revenue*: USD282.3 million, +12.5%;
  • EBITDA: USD152.2 million, +18.9%;
  • Profit before tax: USD84.6 million, +22.1%;
  • Net profit: USD61.8 million, +19%.
  • Passenger numbers: 9.9 million, +5.7%.

*Based on the conversion rate at USD1 = DKK5.68

TAV Airports Holdings (+2.3%) stated revenue was up 25% among its consolidated financial highlights reported for the six months ended Jun-2010:

• Revenue*: USD472 million, +25% year-on-year;
• Net profit: USD9.3 million;
• Passenger numbers: +13%.

See related CAPA profile: Financial results

Selected airports daily share price movements (% change): 10-Aug-2010

Source: Centre for Asia Pacific Aviation & Yahoo! Finance