Loading
20-Jul-2011 11:21 AM

Sydney Airport EBITDA up 4.5% in 2Q2011

Australia’s Sydney Airport revenue up 4% – financial highlights:

  • Three months ended 30-Jun-2011
    • Revenue: USD251.2 million, +4.3% year-on-year;
      • Aeronautical: USD103.3 million, +4.0%;
      • Aeronautical security recovery: USD20.7 million, +5.8%;
      • Retail: USD57.7 million, +4.8%;
      • Property and car rental: USD40.0 million, +6.3%;
      • Ground transport and commercial services: USD28.0 million, +0.6%;
    • EBITDA: USD202.3 million, +4.5%;
    • Capital expenditure: USD39.0 million, +70.9%;
    • Revenue per passenger: USD29.49, +1.9%;
    • EBITDA per passenger: USD23.75, +2.1%;
    • Capex per passenger: USD4.58, +67.0%;
  • Six months ended 30-Jun-2011:
    • Revenue: USD507.7 million, +4.4%;
      • Aeronautical: USD210.9 million, +4.6%;
      • Aeronautical security recovery: USD40.8 million, +5.35;
      • Retail: USD116.5 million, +5.75;
      • Property and car rental: USD80.6 million, +3.8%;
      • Ground transport and commercial services: USD56.1 million, +1.0%;
    • EBITDA: USD410.0 million, +3.9%;
    • Capital expenditure: USD74.8 million, +33.8%;
    • Revenue per passenger: USD29.20, +2.4%;
    • EBITDA per passenger: USD23.58, +2.0%;
    • Capex per passenger: USD4.30, +31.3%. [more]

*Based on the conversion rate AUD1 = USD1.07467

MAp: “Looking forward, a new strategy has been developed to re-position Sydney Airport’s car park offering. A variety of promotional deals have been launched to attract both weekend travellers and those looking for affordable and convenient parking during an extended getaway, with up to 60% off regular parking rates,” Kerrie Mather, Managing Director and CEo. Source: MAp, 20-Jul-2011.

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