Infratil's revenue up by 11%; Dufry revenue also gains by 11.7%
New Zealand's Infratil revenue was up 11% in financial highlights released for the six months ended 30-Sep-2010:
- Infratil, a New Zealand airport operator, reported an 11% increase in revenue for the six months ended 30-Sep-2010.
- Wellington Airport, operated by Infratil, saw growth in aeronautical and passenger services revenue.
- Infratil's European airports experienced mixed results, with a decrease in property and other revenue.
- Infratil's EBITDAF (loss) increased by 24.4%.
- Infratil reported a significant increase in operating profit and net profit compared to the previous year.
- Dufry, a Swiss airport operator, reported a 12% increase in revenue for the nine months ended 30-Sep-2010.
- Operating revenue: USD819.6 million, +10.8% year-on-year;
- Wellington Airport:
- Aeronautical: USD21.6 million, +6.0%;
- Passenger services: USD10.7 million, +13.9%;
- Property and other: USD3.0 million, +5.4%;
- European airports:
- Aeronautical: USD4.9 million, +4.9%;
- Passenger services: USD, 2.9 million, +2.7%;
- Property and other: 997,590, -13.3%;
- Wellington Airport:
- EBITDAF (loss): USD197.8 million, +24.4%;
- Wellington Airport: USD26.9 million, +7.3%;
- European airports: (USD1.7 million), compared with a loss of USD1.1 million in p-c-p;
- Operating profit: USD91.6 million, +69.6%;
- Profit before tax: USD81.1 million, +536.7%;
- Net profit: USD12.4 million, compared with a loss of USD24.1 million in p-c-p;
- Net operating cash flow: USD72.4 million, +99.4%;
- Passenger numbers:
- Wellington Airport:
- Domestic: 2.3 million, +1.7%;
- International: 296,891, +2.3%;
- European airports: 1.0 million, +0.5%.
- Wellington Airport:
*Based on the conversion rate at USD1 = NZD1.30314
See related CAPA profile: Financial results
Airport operator and investor shares were mostly down on Tuesday (16-Nov-2010) while Guangzhou Baiyun Airport (-4.5%) lost the most ground.
Selected airport operators/investors daily share price movements (% change): 16-Nov-2010
Switzerland's Dufry (+0.7%) revenue up 12% - financial highlights for the nine months ended 30-Sep-2010:
- Revenue: EUR1464 million, +11.7% year-on-year;
- EBITDA: EUR188.6 million, +15.3%;
- Net profit: EUR62.2 million, +195.1%;
- Total assets: EUR1721 million, -12.8% when compared to period ended 31-Dec-2009;
- Total liabilities: EUR1064 million, -13.5% when compared to period ended 31-Dec-2009.
*Based on the conversion rate at EUR1 = CHF1.34325
Stefanel shares dropped by -4.6% on Tuesday while Lotte Shopping Co. (+1.3%) gained the most.
Selected airport suppliers daily share price movements (% change): 16-Nov-2010
