5-Sep-2019 8:06 PM
Swissport CEO reports 'solid' 1H2019 results, revenue up 6.1% to EUR1526m
Swissport president and CEO Eric Born reported (05-Sep-2019) "solid" 1H2019 results driven by profitable revenue growth and improvements in cost efficiency. Swissport revenue increased 6.1% year-on-year to EUR1526 million and operating EBITDA increased 7.2% to EUR121.9 million. Mr Born noted "visible signs of a slowdown" will lead the company to implement additional measures to "safeguard" earnings and improve medium-term profitability. [more - original PR]