Sydney Airport 3Q2009 revenue up 4.6%, EBITDA up 6.3%

Australia's Sydney Airport revenue up 4.6% - financial highlights for the three months ended 30-Sep-2009:

• Revenue: USD196.0 million, +4.6% year-on-year;
  • Aeronautical: USD79.9 million, +8.1%;
  • Aeronautical security recovery: USD17.2 million, +1.0%;
  • Non-aeronautical:
    • Retail: USD44.8 million, +1.9%;
    • Commercial trading: USD27.9 million, +3.6%;
• Operating costs: USD36.7 million, -3.0%;
• EBITDA: USD158.3 million, +6.3%;
• Capital expenditure: USD65.0 million, -27.9%;
• Revenue per pax: USD23.5, +3.8%. [more]
• *Based on the conversion rate at USD1 = AUD1.08

MAp: "Sydney Airport continues to prove its resilience, delivering 3.4% EBITDA growth for the first nine months of 2009. 3Q2009 demonstrated a significant recovery with traffic growth of 0.9% for the three months to Sep-2009, the first quarter of growth since 3Q2008, and continued good cost control delivering EBITDA growth of 6.2% for the period," Kerrie Mather, CEO. Source: MAp, 23-Oct-2009.