Avinor Group revenue down 10% in 2016

Avinor revenue down 10% - financial highlights for 12 months ended 31-Dec-2016:

• Total revenue: NOK10,788 million (EUR11601 million), -10.0% year-on-year;
• • Airport operations: NOK9675 million (EUR1041 million), +2.7%;
  • • Traffic: NOK3002 million (EUR323 million), -2.1%;
    • Duty free: NOK2552 million (EUR274.6 million), +1.6%;
    • Parking: NOK868.6 million (EUR93.5 million), +0.3%;
  • Air navigation services: NOK1991 million (EUR214.2 million), -4.6%;
• EBITDA: NOK3521 million (EUR378.8 million), -25.0%;
• • Airport operations: NOK3555 million (EUR382.5 million), +3.0%;
  • Air navigation services: NOK211.7 million (EUR22.8 million), -0.7%;
• Net profit: NOK1036 million (EUR111.5 million), -57.7%;
• Total assets: NOK40,922 million (EUR4403 million);
• Cash and cash equivalents: NOK949.1 million (EUR102.1 million);
• Total liabilities: NOK25,969 million (EUR2794 million). [more - original PR 1] [more - original PR 2]

*Based on the average conversion rate at EUR1 = NOK9.2947