Schiphol Group EBITDA up 16% in 2015, predicts 2%-3% pax growth in 2016

Schiphol Group revenue down 1% - financial highlights for 2015:

• Revenue: EUR1423 million, -1.0% year-on-year;
• • Airport charges: EUR869 million, +0.6%;
  • Concessions: EUR168 million, +23.6%;
  • Rent and leases: EUR155 million, -1.0%;
  • Parking fees: EUR108 million, +4.3%;
  • Retail sales: EUR29 million, -66.1%;
  • Advertising: EUR17 million, -12.1%;
• EBITDA: EUR735 million, +15.7%;
• Net profit: EUR374 million, +37.6%;
• Passenger numbers: 64.3 million, +6.1%;
• Cargo volume: 1.6 million tonnes, -0.7%;
• Aircraft movements: 498,580, +3.0%;
• Full-time equivalent employees: 2,000, -1.9%;
• Total assets: EUR6405 million;
• Cash and cash equivalents: EUR394.0 million;
• Total liabilities: EUR2689 million. [more - original PR]

Schiphol Group: "Barring unforeseen circumstances, we expect to see passenger numbers grow by 2% to 3% and to record a significantly lower net result than in 2015. A substantial decrease of airport charges with effect from 1 April 2016, combined with the assumption of stable real estate values, has been factored into this forecast." Source: Company statement, 19-Feb-2016.