Schiphol Group EBITDA decline 21% in 1H2016

Schiphol Group revenue stable - financial highlights for 12 months ended 30-Jun-2016:

• Revenue: EUR687 million, +0.4% year-on-year;
• • Airport charges: EUR408 million, -1.2%;
  • Concessions: EUR85 million, +19.0%;
  • Rent and leases: EUR81 million, +3.4%;
  • Parking fees: EUR56 million, +6.8%;
  • Retail: EUR1 million, -94.6%;
• EBITDA: EUR290 million, -20.8%;
• Net profit: EUR121 million, -40.6%;
• Passenger numbers: 32.6 million, +8.9%;
• Cargo volume: 797,000 tonnes, +1.6%;
• Aircraft movements: 251,964, +5.2%;
• Total assets: EUR6231 million;
• Cash and cash equivalents: EUR124.8 million;
• Total liabilities: EUR2558 million. [more - original PR]

Schiphol Group: "Barring unforeseen circumstances, we expect to be able to welcome over 63 million passengers in 2016, an increase of approximately 9%. In line with the forecast already published, the net result will be significantly lower than in 2015." Source: Company statement, 26-Aug-2016.