Schiphol Group 2012 Interim Report

Schiphol Group 2012 Interim Report

ID: 175470

(Thomson Reuters ONE) -


Mainport grows despite uncertain economic climate




* Revenue increases by EUR 33 million (5.5%) to EUR 637 million (2011: EUR
604 million);
* EBITDA rises by 2.2% to EUR 264 million (2011: EUR 258 million);
* Net result is EUR 93 million (2011: EUR 97 million; down by 4.9%).

Key developments:

* Traffic and transport at Amsterdam Airport Schiphol during the first half of
2012 rises by 3.7% to 23.9 million passengers and by 2.2% to 205,911 air
transport movements. In line with expectations, cargo volumes show a decline
of 3.2% to 729,000 tonnes.
* Spending in the shops beyond passport control increases by 7.8% to EUR
16.48 per departing passenger. Last year, the renovation of a large retail
area (Lounge 3) put pressure on spending. The positive effects of this
large-scale refurbishment and the changes in the retail offering, expanding
the range of luxury and brand articles, are now noticeable. In addition, the
variety of shops in Departure Lounge 4 has been substantially expanded and
improved.
* As a result of the occupancy level improving to 89.9% (2011: 85.2%), rental
income from property shows an almost stable development. The decrease of the
operating result from real estate from EUR 48 million to EUR 21 million, is
in part due to an impairment on real estate activities in Italy of EUR 20
million.
* Results from participations in domestic and foreign airports contribute
favourably to the overall result. More particularly, the share in results of
associates increases from EUR 12 million in the first half of 2011 to EUR
24 million in the first half of 2012 was the main cause.
* In the first six months of 2012 Amsterdam Airport Schiphol once again
received major awards. For the third time in a row, international industry




organisation ACI voted Amsterdam Airport Schiphol best European airport.
Twelve million passengers in the Skytrax survey ranked Schiphol as Europe's
best airport and the number five worldwide.

Response from Jos Nijhuis, Schiphol Group President & CEO:
"Despite the present economic downturn, the aviation industry remains a source
of dynamic activity. Together with other sector parties we have welcomed more
passengers. The Mainport grows and we will reach the physical limits of the
terminal in the years to come. As Europe's preferred airport, Schiphol is
working hard to maintain the desired capacity and quality levels in our
operations, to serve both airlines and passengers. In this connection we will
continue to pursue a controlled development of airport charges."


Interim Report 2012:
http://hugin.info/132864/R/1634543/524803.pdf



This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Schiphol Group via Thomson Reuters ONE
[HUG#1634543]




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Bereitgestellt von Benutzer: hugin
Datum: 17.08.2012 - 08:00 Uhr
Sprache: Deutsch
News-ID 175470
Anzahl Zeichen: 3552

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