Avinor Group EBITDA stable in 1Q2016, airport operations up 4%

Avinor Group revenue down 3% - financial highlights for three months ended 31-Mar-2016:

• Revenue: NOK2288 million (EUR240.4 million), -2.7% year-on-year;
• • Airport operations: NOK2038 million (EUR214.1 million), stable;
  • • Traffic income: NOK685.5 million (EUR72.0 million), -0.2%;
    • Security (cost based): NOK254.3 million (EUR26.7 million), +0.6%;
    • Sales - and rental income - duty free: NOK491.7 million (EUR51.7 million), +0.4%;
    • Sales - and rental income - parking: NOK184.3 million (EUR19.4 million), -3.7%;
  • Air navigation services: NOK449.3 million (EUR47.2 million), -7.2%;
  • • En-route charges: NOK218.6 million (EUR23.0 million), -8.0%;
• EBITDA (loss): NOK491.6 million (EUR51.7 million), stable;
• • Airport operations: NOK537.8 million (EUR56.5 million), +4.0%;
  • Air navigation services: (NOK8.5 million) (EUR0.9 million), compared to a loss of NOK16.5 million (EUR1.9 million) in p-c-p;
• Net profit (loss): (NOK2.1 million) (EUR0.2 million), compared to a profit of NOK37.2 million (EUR4.3 million) in p-c-p. [more - original PR]

*Based on the average conversion rate at NOK1 = EUR0.105055 for 1Q2016
*Based on the average conversion rate at NOK1 = EUR0.114547 for 1Q2015