Positive momentum for Flughafen Zurich in 1H08
Flughafen Zurich AG reported a very healthy start to 2008, with a first half increase in revenue of 13.9% (driven by higher aeronautical revenues), which resulted in a 24.2% lift in EBITDA and an 8.5% increase in net profit. If ‘noise related data’ were excluded, the profit would have been EUR37.5 million. Andreas Schmidt, Chairman of the Board, described 1H08 as a period of ‘positive momentum’.
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