Schiphol Group privatisation ‘not a priority’

The Netherland’s Schiphol Group published its financial report for 1H2009, the period ended 30-Jun-09. The net result declined by 76.6% to EUR22.4 million from EUR95.8 million. According to Schiphol Group, the causes were a drop in traffic and transport, restructuring provisions, declining fair value property portfolio, impairment of contract-related assets and increase in financial expenses.

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