29-Jul-2010 3:23 PM
Ferrovial gains marginally with BAA financial results for 1H2010: Airport Share Wrap
Analysis
BAA released its financial report for the six months ended 30-Jun-2010 yesterday. The airport operator reported a 2.2% revenue increase to GBP957.6 million, while adjusted EBITDA declined marginally by 0.2% to GBP401.7 million. This performance reflects disruptions in the first half caused by the volcanic ash crisis and airline industrial action, including the British Airways cabin crew strikes.
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