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5-Nov-2012 1:19 PM

TAV Airports Holding EBITDA up 23% in first nine months of 2012

Turkey’s TAV Airports Holding revenue up 23% - financial highlights for nine months ended 30-Sep-2012:

  • Revenue: EUR818 million, +23% year-on-year;
    • Aviation: EUR215 million, +29%;
    • Sales of duty free goods: EUR183 million, +24%;
    • Ground handling: EUR167 million, +14%;
    • Commission from duty free sales: EUR78 million, +22%;
    • Catering: EUR57 million, +49%;
  • EBITDA: EUR253 million, +23%;
    • Airports: EUR206.5 million, +33%;
      • Istanbul: EUR131.8 million, +29%;
      • Ankara: EUR18.9 million, -1%;
      • Izmir: EUR21.1 million, +11%;
  • Net profit: EUR102 million, +191%;
  • Passenger numbers: 53.5 million, +35%;
    • Domestic: 23.0 million, +49%;
    • International: 30.6 million, +27%;
  • Aircraft movements: 425,777, +28%;
    • Domestic: 179,580, +44%;
    • International: 246,197, +18%;
  • Duty free spend per passenger: EUR14.6, +2%;
  • Total assets: EUR2275 million, +11.1%;
  • Cash and cash equivalents: EUR164 million, +204%;
  • Total liabilities: EUR1662 million, +10.4%. [more – original PR]

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