Brief: Copenhagen Airports Q2 EBIT Swings To Profit Of DKK 196 MILLION

Copenhagen Airports A/S

09/08/2022 10:08

Aug 9 (Reuters) - Copenhagen Airports A/S  KBHL.CO :
    * REG-INTERIM REPORT OF COPENHAGEN AIRPORTS A/S (CPH) FOR
THE
PERIOD 1 JANUARY – 30 JUNE 2022
    * AN IMPROVEMENT IN YEAR-OVER-YEAR RESULTS IS EXPECTED FOR
CPH IN
2022
    * IT IS TOO SOON TO PROVIDE A REASONABLY REALISTIC AND
COMPREHENSIVE ASSESSMENT OF FINANCIAL OUTLOOK FOR CPH FOR
REMAINDER OF 2022
    * ANY GUIDANCE IS SUBJECT TO RAPID CHANGE FROM UNEXPECTED
EVENTS,
AS EXEMPLIFIED BY WAR IN UKRAINE AND RISE OF OMICRON VARIANT
LAST FALL.
    * Q2 REVENUE DKK 972 MILLION VERSUS DKK 259 MILLION YEAR AGO
    * Q2 EBIT DKK 196  MILLION VERSUS LOSS DKK 365 MILLION YEAR
AGO
    * DEVELOPMENT FOR THE REST OF THE YEAR REMAINS HIGHLY
UNCERTAIN
    * LONG-HAUL INTERCONTINENTAL ROUTES TO CHINA AND THE
REMAINDER OF
ASIA CONTINUES TO FACE A SLOWER PACE OF RECOVERY WHICH ARE
HEAVILY DEPENDENT ON LOCAL LOCK DOWN MEASURES

Source text for Eikon:  ID:nGNE6xP36M 
Further company coverage:  KBHL.CO 

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