Brief: Copenhagen Airports Q1 EBITDA Ex-Items Rises To DKK 573.7 Million

Copenhagen Airports A/S

15/05/2018 10:57

May 15 (Reuters) - COPENHAGEN AIRPORTS A/S  KBHL.CO :
    * REG-INTERIM REPORT OF COPENHAGEN AIRPORTS A/S (CPH) FOR
THE
PERIOD 1 JANUARY – 31 MARCH 2018
    * A TOTAL OF 6.3 MILLION PASSENGERS PASSED THROUGH
COPENHAGEN
AIRPORT IN FIRST THREE MONTHS OF YEAR
    * EXCLUDING ONE-OFF-ITEMS, PROFIT BEFORE TAX IN 2018 IS
EXPECTED
TO BE IN RANGE OF DKK 1,350-1,450 MILLION
    * INVESTMENTS ARE EXPECTED TO RISE TO DKK 1.8-2.1 BILLION
THIS
YEAR
    * Q1 EBITDA EX-ITEMS DKK 573.7 MILLION VERSUS DKK 543.6
MILLION
YEAR AGO
    * IN Q1 2018, CAPITAL INVESTMENTS TOTALLED DKK 480.1
MILLION,
WHICH WAS 79.7% HIGHER THAN IN SAME PERIOD LAST YEAR.
    * JAN-MARCH NUMBER OF LOCAL DEPARTING PASSENGERS WAS UP
3.5%,
WHILE TRANSFER PASSENGERS WERE DOWN 8.2%
    * Q1 PROFIT BEFORE TAX DKK 316 MILLION VERSUS DKK 299
MILLION YEAR
AGO
    * OUTLOOK FOR TRAFFIC GROWTH, PROFIT BEFORE TAX AND CAPITAL
EXPENDITURE IS UNCHANGED FROM ANNOUNCEMENT OF 1 MARCH 2018.
    * PLAN TO EXPAND AND DEVELOP AIRPORT AS PASSENGER NUMBERS
INCREASE.
    * EXCLUDING ONE-OFF-ITEMS, PROFIT BEFORE TAX IN 2018 IS
EXPECTED
TO BE IN RANGE OF DKK 1,350-1,450 MILLION.
    * Q1 REVENUE DKK 1.01 BILLION VERSUS DKK 996.0 MILLION YEAR
AGO

Source text for Eikon:  ID:nGNE2pNbdy 
Further company coverage:  KBHL.CO 

 (Gdynia Newsroom)
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