21-Dec-2009 1:24 PM
BAA forecasts EBITDA of GBP1 billion for 2009
UK's BAA forecast the following financial results (Dow Jones/Reuters, 18-Dec-2009):
- 2009:
- Revenue: GBP2.4 billion (GBP2 billion excluding London Gatwick Airport);
- Adjusted EBITDA: GBP1 billion (GBP863 million excluding London Gatwick Airport);
- Net debt: GBP8.6 billion;
- Passenger numbers: 86.8 million (85.4 million excluding London Gatwick Airport).
- 2010:
- Revenue: GBP2.1 billion;
- Adjusted EBITDA: GBP965 million;
- Net debt: GBP9.1 billion.