23-Aug-2016 12:53 PM

Sydney Airport reports 10% EBITDA growth in 'successful' 1H2016

Sydney Airport revenue up 11% – financial highlights for six months ended 30-Jun-2016:

  • Total revenue: AUD661.9 million (USD485.8 million), +11.3% year-on-year;
    • Aeronautical: AUD294.1 million (USD215.8 million), +19.0%;
    • Aeronautical security: AUD43.2 million (USD31.7 million), +4.9%;
    • Retail: AUD142.3 million (USD104.4 million), +9.5%;
    • Property and car rental: AUD103.2 million (USD75.7 million), +2.2%;
    • Parking and ground transport: AUD75.4 million (USD55.3 million), +4.4%;
  • EBITDA: AUD536.1 million (USD393.4 million), +9.8%;
  • Net profit: AUD159.6 million (USD117.1 million), +19.2%;
  • Passenger numbers: 20.3 million, +6.7%;
    • Domestic: 13.0 million, +5.3%;
    • International: 7.2 million, +9.3%;
  • Total assets: AUD12,311 million (USD9035 million);
  • Cash and cash equivalents: AUD473.3 million (USD347.4 million);
  • Total liabilities: AUD11,204 million (USD8222 million).

*Based on the average conversion rate at AUD1 = USD0.733897

Sydney Airport: “It’s been a very successful half year, and we are making excellent progress in delivering on our key strategic, operational and financial targets,” Kerrie Mather, CEO and MD. Source: Company statement, 18-Aug-2016.

Want More News Like This?

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