3-May-2010 11:07 AM

Macquarie Airports reports EBITDA up 17% in 1Q2010

Macquarie Airports reports (30-Apr-2010) the following financial highlights for the three months ended 31-Mar-2010:
  • Airport investments revenue: AUD273 million, +8.7% year-on-year;
  • Airport investments operating expenses: AUD81.8 million, +0.3%;
  • EBITDA: AUD186 million, +17%;
  • Passenger numbers: 9.9 million, +7.6%. [more]
MAp: "MAp has delivered a strong start to 2010, with first quarter proportionate earnings per stapled security rising 20%. Traffic growth is firmly re-established at all of our major airports and earnings outperformance continues, benefiting from the initiatives taken in 2009 to address areas of potential revenue enhancement and operational efficiency." Kerrie Mather. Source: Macquarie Airport, 30-Apr-2010.