Brief: Copenhagen Airports FY Reported EBITDA Decreases By 3.8 Pct

Copenhagen Airports A/S

05/03/2019 12:23

March 5 (Reuters) - Copenhagen Airports A/S  KBHL.CO :
    * REG-ANNUAL REPORT 2018
    * BOARD OF DIRECTORS WILL RECOMMEND PAYING FINAL DIVIDENDS
OF DKK
678.1 MILLION, EQUIVALENT OF DKK 86.40 PER SHARE
    * CPH EXPECTS TO MAINTAIN INVESTMENT LEVEL IN 2019, EXPECTED
TO
AMOUNT TO APPROX. DKK 1.8-2.1 BILLION, IN ORDER TO ACCOMMODATE
GROWTH PLAN.
    * 2019 REVENUE DEVELOPMENT IS EXPECTED TO BE NEGATIVE IN
RANGE OF
0-1%, PRIMARILY DUE TO REDUCTION OF CHARGES IN 2018
    * DEPENDING ON OUTCOME OF BREXIT, PROFIT BEFORE TAX MAY BE
IMPACTED NEGATIVELY
    * PROFIT BEFORE TAX IN 2019 IS EXPECTED TO BE IN RANGE OF
DKK
1,250-1,350 MILLION, EXCLUDING ONE-OFF ITEMS
    * EBITDA IS EXPECTED TO BE LOWER IN 2019 THAN IN 2018,
EXCLUDING
ONE-OFF ITEMS
    * BASED ON EXPECTED TRAFFIC PROGRAMME FOR 2019, AN INCREASE
IN
TOTAL NUMBER OF PASSENGERS IS EXPECTED
    * COPENHAGEN AIRPORTS > - COPENHAGEN AIRPORT REACHED A
MILESTONE
IN 2018 WITH 30.3 MILLION PASSENGERS, AN INCREASE OF 1.1 MILLION
MORE TRAVELLERS THAN IN 2017
    * COPENHAGEN AIRPORTS > - FY REPORTED EBITDA DECREASED BY
3.8% TO
DKK 2,512.4 MILLION.
    * COPENHAGEN AIRPORTS > - FY NET PROFIT FOR THE YEAR FELL BY
DKK
180.2 MILLION, TO DKK 1,105.3 MILLION, A DECREASE OF 14.0%.

Source text for Eikon:  ID:nGNE5pMPmF 
Further company coverage:  KBHL.CO 

 (Gdynia Newsroom)
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