Avinor EBITDA up 9% in 2012

Norway's Avinor revenue up 6% - financial highlights for 2012:

• Revenue: NOK9152 million (EUR1224 million), +6.2% year-on-year;
  • Airport operations: NOK8256 million (EUR1104 million), +6.4%;
    • Oslo Airport: NOK4448 million (EUR594.6 million), +6.2%;
    • Traffic: NOK2860 million (EUR382.4 million), +7.3%;
    • Security: NOK948.7 million (EUR126.8 million), -13.2%;
  • Air navigation services: NOK1837 million (EUR245.6 million), +2.6%;
    • En route charges: NOK947 million (EUR126.6 million), -0.8%;
• EBITDA: NOK3018 million (EUR403.5 million), +8.6%;
• Net profit: NOK926.7 million (EUR123.9 million), +9.9%;
• Passenger numbers: 46.4 million, +4.7%;
• Aircraft movements: 669,000, +3.2%;
• Total assets: NOK28,146 million (EUR3763 million), +8.9%;
• Cash and cash equivalents: NOK1316 million (EUR175.9 million), -37.6%;
• Total liabilities: NOK17,789 million (EUR2378 million), +15.3%. [more - original PR]

*Based on the average conversion rate at EUR1 = NOK7.4794

Avinor: "We can see that commercial revenues are becoming almost as high as traffic revenues. This shows the importance of facilitating and developing good offers for the passengers at our 46 airports," Dag Falk-Petersen, CEO. Source: Company statement, 02-Apr-2013.