Loading
24-Feb-2010 12:51 PM

Spain’s Ferrovial revenue down 8%, EBITDA also down in 2009

Spain’s Ferrovial revenue down 8% - financial highlights for the 12 months ended 31-Dec-2009:

  • Revenue: EUR12,095 million, -8.0% year-on-year;
    • Airports: EUR3,070 million, -6.4%;
      • BAA: EUR3,067 million, -6.0%;
    • Swissport: EUR1,124 million, -4.5%;
  • EBITDA: EUR2,540 million, -0.2%;
    • Airports: EUR1,337 million, +1.9%;
      • BAA: EUR1,355 million, +2.3%;
      • Swissport: EUR81.0 million, +14.5%;
  • EBIT: EUR1,531 million, +8.3%;
    • Airports: EUR611.3 million, +17.7%;
      • BAA: EUR630 million, +17.7%;
    • Swissport: EUR47.3 million, +19.8%;
  • Net profit (loss): (EUR92 million), compared to a net loss of EUR812 million in the previous corresponding period;
  • Passenger numbers:

Ferrovial: “Overall, BAA's traffic declined by 4.3% to 112.2 million passengers. Traffic performance improved significantly as the year advanced. In fact, passenger numbers were down only 0.8% in the fourth quarter,” Company statement. Source: Ferrovial, 23-Feb-2010.

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More