31-Aug-2005 12:00 AM
Airports Company South Africa builds “solid” financial platform.
Analysis
SYDNEY (Centre for Asia Pacific Aviation) - Airports Company South Africa (ACSA) reported a 2.3% increase in EBIDTA to ZAR1.2 billion for the 12 months ended 31-Mar-05, which it states has set a "solid platform for continued and sustainable financial performance". ACSA reports revenue rose 5.3% to ZAR1.9 billion, due to efforts to diversify revenues away from aeronautical sources in an unstable airline and regulatory environment.
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