26-Oct-2010 11:53 AM

Brussels Airport revenue eases 0.3%, EBITDA up 3% in 3Q2010

Belgium’s Brussels Airport revenue eases 0.3% - financial highlights for the three months ended 30-Sep-2010:

  • Revenue: EUR105.1 million, -0.3% year-on-year;
    • Aeronautical: EUR70.8 million, -0.4%;
    • Retail: EUR13.4 million, +8.3%;
    • Property and real estate: EUR9.4 million, -13.7%;
    • Car parking and car rental: EUR5.8 million, -0.9%;
    • Commercial trading and other: EUR5.7 million, +9.0%;
  • Operating costs: EUR39.6 million, -0.8%;
  • EBITDA: 64.6 million, +3.3%;
  • Capital expenditure: EUR4.8 million, -58.8%;
  • Revenue per passenger: EUR19.71, -3.0%;
  • EBITDA per passenger: EUR 12.11, +0.4%. [more]

MAp: “Brussels results for the first nine months of 2010 were impacted by a number of non-recurring items.  However, the strong cost control resulting from the implementation of the Financial Performance Improvement Plan has ensured stability in EBITDA and positioned the airport well for future growth,” Kerrie Mather, CEO. Source: MAp, 26-Oct-2010.