30-Oct-2009 12:09 PM

Brisbane Airport Corp FY2009 revenue up 12.3%, EBITDA up 9%

Australia’s Brisbane Airport Corp revenue up 12.3% - financial highlights for the 12 months ended 30-Jun-2009:

  • Revenue: USD350.2 million, +12.3% year-on-year;
    • Aeronautical: USD124.6 million, +19.8%;
    • Landside transport: USD67.9 million, +10.7%;
    • Retail: USD46.1 million, +10.2%;
    • Investment property: USD36.1 million, +14.0%;
    • Operating property: USD29.6 million, +0.5%;
    • Government mandated security revenue: USD24.5 million, +3.8%;
  • Costs: USD106.4 million, +19.6%;
  • EBITDA and revaluation gains: USD245.0 million, +9.4%;
  • EBIT and revaluation gains: USD196.3 million, +5.4%;
  • Net profit: USD60.6 million, -25.0%;
  • Passenger numbers:
    • Domestic: 14.8 million, +2.8%;
    • International: 4.1 million, +0.6%;
  • Cargo volume:
    • International: 72,086 tonnes, -6.3%;
  • Aircraft movements: 89,687, +2.3%. [more]
  • *Based on the conversion rate at USD1 = AUD1.09

Brisbane Airport Corp: “While investment, passenger and employee numbers continued to grow, the outlook for the medium-term demand on airport facilities has softened, with the global economic slowdown leading to the delay of two of the airport’s key infrastructure projects – the New Parallel Runway and the expansion of the Domestic Terminal,” Company statement. Source: BAC, 29-Oct-2009.

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