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Aeroporti di Roma Group quadruples profits in 2010

Analysis

Italy's Aeroporti di Roma Group, which operates airports in Rome, reported a net profit of EUR22.3 million for 2010, up more than 300% from 2009. Revenue climbed 6.7% to EUR600 million, with stronger growth in the retail segment. Passenger numbers were 5.9% higher in 2010. Shares in Gemina, the Italy-based investment holding company with interest in Aeroporti di Roma, rose 5% yesterday.

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