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Zurich Airport cautiously optimistic about recovery, expects EBITDA improvement in 2010 off low base

Analysis

Shares in Switzerland's Zurich Airport dipped 1.5% on Friday upon the release of the airport operator's financial report for the 12 months ended 31-Dec-2009. EBITDA was down 4.3% during the period to EUR279.3 million on a 4.1% reduction in revenue to EUR569.6 million.

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