26-Apr-2012 12:35 PM

BAA revenue up 11.5% in 1Q2012

UK’s BAA revenue up 11.5% – financial highlights for the three months ended Mar-2012:

  • Revenue: GBP537 million, +11.5% year-on-year;
    • Aeronautical: GBP294.8 million, +16.8%;
    • Retail: GBP119.5 million, +7.9%;
    • Other: 122.7 million, +3.7%;
  • Adjusted operating costs: GBP305.8 million, +9.0%;
  • Adjusted EBITDA: GBP231.2 million, +15.1%;
  • Passenger numbers: 19.1 million, +2.5%;

BAA: “The Group delivered a strong operational and financial performance in the first quarter of 2012, in line with expectations. As a result, the Group continues to expect turnover and Adjusted EBITDA for 2012 as a whole to be consistent with the forecasts set out in the investor report issued in December 2011 at approximately GBP2.5 billion and GBP1.28 billion respectively,” Source: Company statement, 25-Apr-2012.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More