TAV Airports EBITDA up 13% in 2015

TAV Airports revenue up 10% - financial highlights for 12 months ended 31-Dec-2015:

• Revenue: EUR1079 million, +10% year-on-year;
• • Aviation: EUR341 million, +10%;
  • Ground handling: EUR156 million, +2%;
  • Commission from duty free sales: EUR254 million, +12%;
  • Catering services and retail: EUR111 million, +20%;
• EBITDA: EUR488 million, +13%;
• Net profit: EUR210 million, -4%;
• Passenger numbers: 102.5 million, +8%;
• • Domestic: 44.9 million, +11%;
  • International: 57.6 million, +6%. [more - original PR]

TAV Airports: "We expect to see a 7 to 9 percent increase in revenue and EBITDAR (EBITDA + concession & rent) in 2016 and a corresponding 10 to 12 percent increase in net profit. While growing with our existing portfolio, we are going to continue to work on expanding our portfolio both through new airport acquisitions and new service contracts all around the world," Sani Sener, CEO. Source: Company statement, 12-Feb-2016.