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MAp reports Sydney EBITDA growth in 3Q09, but Brussels, Bristol, Copenhagen all down

Main improvers on Friday, 30-Oct-2009 were Japan Airport Terminal (+3.7%), MAp (+3.6%), while TAV Airports shed 5.9% and ASUR (-5.5%), Ferrovial (-4.8%) and Autogrill (-4.7%) suffered the main falls.

MAp reports Sydney EBITDA growth in 3Q09, but Brussels, Bristol, Copenhagen all down.

MAp’s Sydney result for the third quarter followed the stronger Australian domestic market, with new entry by both domestic and international airlines helping growth.

The company’s European airports did not fare so well, all suffering around double digit declines in EBITDA for the nine months to Sep-2009. However, the good news in the report was the lower declines for 3Q09.

Sydney, Copenhagen, Brussels and Bristol Airports EBITDA growth in 3Q09 & 9 months ended 30-Sep-2009

Sydney, Copenhagen, Brussels & Bristol Airports passenger number growth in 3Q09

Selected airports daily share price movements (% change): 30-Oct-09