11-Nov-2013 3:27 PM

TAV reports double digit profit growth in first nine months, FY2013 EBITDA guidance unchanged

Turkey’s TAV Havalimanları Holding revenue up 4% – financial highlights for nine months ended 30-Sep-2013:

  • Operating revenue: EUR241.7 million, +3.6% year-on-year;
    • Aviation: EUR76.1 million, +2.8%;
    • Commission from sales of duty free goods: EUR61.4 million, +3.3%;
    • Ground handling: EUR51.9 million, +4.6%;
    • Catering services: EUR1.0 million, +6.9%;
    • Area allocation: EUR9.7 million, +4.8%;
    • Income from car parking operations and valet service: EUR8.4 million, +3.3%;
  • Operating profit: EUR109.2 million, +20.2%;
  • Net profit: EUR60.7 million, +10.9%;
  • Total assets: EUR2304 million;
  • Cash and cash equivalents: EUR64.6 million;
  • Total liabilities: EUR1690 million. [more - original PR]

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