airports operator ANA, which is in line for privatisation, has posted a 14.1%
operating profit increase for the first six months of 2007.
ANA’s passenger numbers for the six months ended 30 June
rose by 9.6% to 10.8 million, prompting a 10.9% hike in revenues which reached
€136.3 million ($187.6 million).
EBITDA result increased by 15.3% to €60.7 million, while its
operating profit after depreciation and amortisation rose by 14.1% to €35.3
cites vigorous demand and stringent cost management as the drivers behind its
first half performance, which it says exceeded initial expectations.
airport led ANA’s traffic growth, with passenger
numbers rising by 17.2% to 1.5 million, followed by Faro airport with 8.7%
growth. Traffic at ANA’s main airport, Lisbon Portela, rose by 8.3% to 5.6 million.
says: “The total increase in the number of passengers in all airports managed
by ANA was almost double the average amount for European airports during the
same time period.”
airport accounted for around 65% of ANA’s €40 million
investment total over the six-month period. ANA is aiming to increase Lisbon
airport’s capacity to 16 million passengers annually through initiatives such
as a new second terminal, which opened on 1 August.
Government is working on the privatisation of ANA, which operates Lisbon,
Porto, Faro, Santa Maria,
Horta and Flores
airports within Portugal.
privatisation was on the Government’s 2006-07 agenda, although a spokesman says
further details are not expected before December.