Brief: Copenhagen Airports Expects Passenger Level To Exceed 26 Mln For FY 2023

Copenhagen Airports A/S

08/08/2023 11:26

Aug 8 (Reuters) - Copenhagen Airports A/S  KBHL.CO :
    * INTERIM REPORT OF COPENHAGEN AIRPORTS A/S (CPH) FOR THE
PERIOD 1
JANUARY – 30 JUNE 2023
    * Q2 REVENUE DKK 1,059 MILLION VERSUS DKK 972 MILLION YEAR
AGO
    * THERE WILL BE NO DIVIDEND PAYMENT IN 2023 AS CONSEQUENCE
OF
COMMITMENT TOWARDS LENDERS IN WAIVER  AGREEMENTS
    * NOW EXPECTS PASSENGER LEVEL TO EXCEED 26 MILLION FOR FULL
YEAR
2023 (PREVIOUSLY 25 MILLION)
    * Q2 EBITDA DKK 490 MILLION VERSUS DKK 441 MILLION YEAR AGO
    * EXPECTATIONS FOR REVENUE GROWTH UPDATED TO 13% (PREVIOUSLY
10%)
FOR FULL YEAR 2023
    * IF PASSENGER LEVELS REACH 26 MILLION, PROFIT BEFORE TAX IS
EXPECTED TO BE DKK 300MLN-DKK 350  MILLION(PREVIOUSLY DKK
150-200 MILLION)
    * THERE WILL BE NO DIVIDEND PAYMENT IN 2023 AS A CONSEQUENCE
OF
COMMITMENT TOWARDS LENDERS IN WAIVER  AGREEMENTS
    * INVESTMENT LEVEL INCLUDING CAPITALIZED INTEREST IS UPDATED
TO BE
AROUND DKK 1.6 BILLION (PREVIOUSLY DKK 1.7 BILLION)

Source text for Eikon:  ID:nGNE1dw4pd 
Further company coverage:  KBHL.CO 

 (Gdansk Newsroom)
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