9-Feb-2012 1:39 PM

Istanbul Sabiha Gokcen Airport EBITDA up 16% in 3QFY2012

India’s GMR Infrastructure reported (08-Feb-2012) the following financial highlights** for Istanbul Sabiha Gokcen International Airport for three months ended 31-Dec-2011:

  • Airport revenue: USD12.7 million, +20% year-on-year;
    • Aero: USD6.6 million, +29%;
    • Non-aero: USD6.1 million, +12%;
  • EBITDA: USD6.8 million, +16%;
  • Profit (loss) after tax: (USD4.9 million), compared to a loss of USD4.5 million in p-c-p;
  • Passenger numbers: 3.2 million, +6%;
  • Cargo volume: 2880 tons, -42%;
  • Aircraft movements: 27,660, stable. [more – original PR]

*Based on the conversion rate at USD1 = INR49.15

**Corresponds to 40% stake in Istanbul Sabiha Gokcen International Airport