Auckland Airport reports double digit growth in net profit in H1FY2018

    Auckland Airport reported (16-Feb-2018) the following financial highlights for six months ended 31-Dec-2017:

    • Revenue: NZD332.4 million (USD237.3 million), +6.9% year-on-year;
      • Airfield: NZD59.9 million (USD42.8 million), +1.2%;
      • Passenger services charge: NZD89.1 million (USD63.6 million), +3.7%;
      • Retail income: NZD88.9 million (USD63.5 million), +10.2%;
      • Rental income: NZD46.9 million (USD33.5 million), +15.2%;
      • Rates recoveries: NZD3.0 million (USD2.1 million), +7.1%;
      • Car park: NZD31.4 million (USD22.4 million), +8.7%;
    • EBITDAFI: NZD250.1 million (USD178.5 million), +6.0%;
    • EBITDA: NZD299.7 million (USD213.9 million), +13.2%;
    • Net profit: NZD165.9 million (USD118.4 million), +17.0%;
    • Total assets: NZD6735 million (USD4808 million);
    • Cash and cash equivalents: NZD26.3 million (USD18.8 million);
    • Total liabilities: NZD2633 million (USD1880 million). [more – original PR]

    *Based on the average conversion rate at NZD1 = USD0.713825