Flughafen Zurich AG reports 'solid' 1H results in 2017

Flughafen Zurich AG reported (28-Aug-2017) the following preliminary financial highlights for six months ended 30-Jun-2017:

• Revenue: CHF488.8 million (EUR454.0 million), +1.7% year-on-year;
  • Aviation: CHF292.4 million (EUR271.6 million), +0.1%;
    • Total flight operations charges: CHF256.9 million (EUR238.6 million), -0.6%;
      • Passenger related operations charges: CHF193.4 million (EUR179.6 million), -2.3%;
      • Landing charges: CHF39.7 million (EUR36.9 million), -13.6%;
      • Parking charges: CHF12.5 million (EUR11.6 million), +257%;
    • Total aviation fees: CHF33.9 million (EUR31.5 million), +5.7%;
      • Baggage sorting and handling system: CHF19.9 million (EUR18.5 million), +32.7%;
  • Non-aviation: CHF196.4 million (EUR182.4 million), +4.2%;
    • Commercial: CHF111.3 million (EUR103.4 million), +6.8%;
      • Retail, tax and duty free: CHF48.1 million (EUR44.7 million), +8.8%;
      • Food & beverage operations: CHF8.2 million (EUR7.6 million), +5.1%;
      • Revenue from multi-storey car parks: CHF38.1 million (EUR35.4 million), +5.5%;
    • Facility management: CHF60.0 million (EUR55.7 million), -1.9%;
    • Services: CHF20.2 million (EUR18.8 million), +5.8%;
    • International business: CHF4.9 million (EUR4.6 million), +20.4%;
• EBITDA: CHF271.6 million (EUR252.2 million), +2.2%;
• EBIT: CHF151.2 million (EUR140.4 million), +0.5%;
• Net profit: CHF143.2 million (EUR133.0 million), +38.0%;
• Net profit excl BIAL: CHF111.8 million (EUR103.8 million), +7.7%. [more - original PR - English/German]

*Based on the average conversion rate at EUR1 = CHF0.928733