06 September 2010

EuroAirport: 2009 Solid financial results



Reduction of net debt

Despite the economic crisis and the impact of the new high-speed train route to Paris, EuroAirport finished 2009 solidly with satisfactory results. In 2009, EuroAirport posted revenues of € 77.4 million down 3% on the previous year. Revenues thus dropped less than passenger numbers (-9.6%) and freight tonnage (-16%). The principal reason for this was the complete start-up of operations in the Zone 6 bis, which enabled significant expansion of aircraft maintenance and refurbishment activities. The Swiss franc also had a positive impact on revenues.

Comprising 45% of turnover, aeronautical revenues were down 5.3% compared with 2008. The start-up of operations in the Zone 6 bis kept non-aeronautical revenues stable, with rent and industrial services offsetting declining commercial revenues and parking space rental resulting from lower passenger numbers.

For more information: EuroAirport Press Release




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