My Account Menu

CAPA Login

Register to trial CAPA Membership!

Brussels Airport's revenue up in 4Q2010


Belgium’s Brussels Airport reported a 4.5% increase in 4Q2010 revenue, while EBITDA surged 20.4% to EUR48.6 million.

The airport's financial highlights are as follows:

  • Three months ended 31-Dec-2010:
    • Revenue: EUR91.3 million, +4.5% year-on-year;
      • Aeronautical: EUR56.8 million, +3.2%;
      • Retail: EUR13.1 million, +2.5%;
      • Property and real estate: EUR10.6 million, +19.5%;
      • Car parking and car rental: EUR6.1 million, +9.8%;
      • Commercial trading and other: EUR4.7 million, -7.8%;
    • Operating costs: EUR42.1 million, +5.7%;
    • EBITDA: EUR48.6 million, +20.4%;
    • Capital expenditure: EUR11.0 million, +4.2%;
    • Revenue per passenger: EUR22.15, -1.7%;
  • 12 months ended 31-Dec-2010:
    • Revenue: EUR367.0 million, +0.4%;
      • Aeronautical: EUR235.5 million, -0.4%;
      • Retail: EUR48.8 million, +3.8%;
      • Property and real estate: EUR39.6 million, +0.2%;
      • Car parking and car rental: EUR23.5 million, +4.7%;
      • Commercial trading and other: EUR19.6 million, -3.1%;
    • Operating costs: EUR161.1 million, -0.9%;
    • EBITDA: EUR204.0 million, +6.7%;
    • Capital expenditure: EUR30.5 million, -51.0%;
    • Revenue per passenger: EUR21.4 million, -0.7%.

MAp Airports Ltd CEO, Kerrie Mather, stated: “In 2010, traffic grew 1.1% on the pcp. Adjusting for the impact of the Icelandic volcano eruption in April and the air traffic control strike in September, it is estimated that underlying traffic growth would have been 3.6%”. MAp's shares gained yesterday on the report.

Selected airport daily share price movements (% change): 03-Feb-2011


Want more analysis like this? CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find out more and take a free trial.