22-Oct-2013 3:26 PM
Heathrow adjusted EBITDA up 22% in first nine months, expects FY2013 EBITDA to exceed forecast
UK's Heathrow revenue up 11% - financial highlights for nine months ended 30-Sep-2013:
- Revenue: GBP1836 million, +10.7% year-on-year;
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- Aeronautical: GBP1130 million, +18.3%;
- Retail: GBP358 million, +5.9%;
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- Car parking: GBP66 million, +10.0%;
- Duty and tax free: GBP91 million, +3.4%;
- Airside specialist shops: GBP70 million, +2.9%;
- Bureaux de change: GBP35 million, +9.4%;
- Catering: GBP29 million, +3.6%;
- Adjusted EBITDA: GBP1035 million, +22.1%;
- EBITDA: GBP957 million, +31.6%;
- Profit after tax: GBP273 million, +112%;
- Passenger numbers: 54.8 million, +3.6%;
- Net retail income per passenger: GBP6.18, +2.6%;
- Total assets: GBP13,374 million;
- Cash at bank and in hand: GBP12 million;
- Total liabilities: GBP13,867 million. [more - original PR]
Heathrow: "Given continued positive trading conditions, the Group expects to exceed the 2013 full year Adjusted EBITDA forecast of GBP1,25 million provided in the latest Investor Report by 3-4%." Source: Company statement, 21-Oct-2013.