Brief: Copenhagen Airports Q2 Profit Before Tax Down At DKK 361 Million

Copenhagen Airports A/S

08/08/2019 12:24

Aug 8 (Reuters) - Copenhagen Airports A/S  KBHL.CO :
    * REG-INTERIM REPORT OF COPENHAGEN AIRPORTS A/S (CPH) FOR
THE
PERIOD 1 JANUARY – 30 JUNE 2019
    * OUTLOOK 2019 CPH EXPECTS TOTAL NUMBER OF PASSENGERS TO BE
IN
LINE WITH 2018
    * AND THEREFORE ADJUSTS FULL-YEAR OUTLOOK FOR REVENUE GROWTH
TO A
NEGATIVE RANGE OF 2% -3% RELATIVE TO PREVIOUS OUTLOOK WITH A
RANGE FROM 0% TO NEGATIVE 1% ANNOUNCED ON MAY 21, 2019
    * CPH RETAINS OUTLOOK FOR PROFIT BEFORE TAX EXCLUDING
ONE-OFF
ITEMS AND CAPITAL INVESTMENTS FROM ANNOUNCEMENT OF 21 MAY 2019.
    * IN FIRST SIX MONTHS OF THIS YEAR, CAPITAL INVESTMENTS
AMOUNTED
TO DKK 1,083.1 MILLION.
    * Q2 REVENUE DKK 1.13 BILLION VERSUS DKK 1.14 BILLION YEAR
AGO
    * Q2 PROFIT BEFORE TAX DKK 361 MILLION VERSUS DKK 377
MILLION YEAR
AGO
    * 2019 ALSO SAW A GROWTH IN INTERCONTINENTAL ROUTES, WHICH
SHOWED
AN INCREASE OF 7.7% COMPARED TO SAME PERIOD LAST YEAR
    * Q2 EBITDA DKK 626 MILLION VERSUS DKK 652 MILLION YEAR AGO
    * CPH EXPECTS TO MAINTAIN INVESTMENT LEVEL IN 2019

Source text for Eikon:  ID:nGNE39vw5M 
Further company coverage:  KBHL.CO 

 (Gdynia Newsroom)
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