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TAV Airports expects flat revenue and EBITDAR in 2017, announces 2016 dividends

Friday, 17 Feb 2017 10:33am EST

Tav Havalimanlari Holding AS : Sees flat revenue and EBITDAR (EBITDA before rent), in 2017 . Sees total capex: around 50 million euros ($53.16 million) in 2017 . Sees growth in total number of passengers served by TAV Airports: 4 to 5 percent in 2017 . Sees Significant net profit growth in 2017 . Proposes to pay FY 2016 dividend of 0.5801539 lira ($0.1597) per share .Proposes to pay FY 2016 dividend on March 24.

TAV Airports 2016 net profit shrinks to 424.3 million lira

Friday, 17 Feb 2017 10:20am EST

Tav Havalimanlari Holding AS : FY 2016 net profit of 424.3 million lira ($116.50 million) versus 632.9 million lira year ago .FY 2016 revenue of 3.45 billion lira versus 3.03 billion lira year ago.

Auckland Airport and Tainui Group to develop a 5-star hotel

Thursday, 16 Feb 2017 08:37pm EST

Auckland International Airport Ltd : Auckland Airport and Tainui Group Holdings have announced agreement to develop a 5-star hotel . New Hotel will trade as Pullman Auckland Airport and will be developed in 50:50 partnership with Tainui Group Holdings .As part of this agreement, Auckland Airport has increased its ownership stake in Novotel Hotel to 50%.

Auckland International Airport says HY revenue was up 10.8 pct to $310.9 million

Thursday, 16 Feb 2017 02:32pm EST

Auckland International Airport Ltd : Hy revenue was up 10.8% to $310.9 million . Hy total profit after tax was up 22.5% to $141.8 million, while underlying profit was up 18.6% to $123.5 million . Interim dividend for the 2017 financial year is up 17.6% to 10 cents per share . "Auckland Airport is now tightening its guidance for the full year to be between $235 million and $243 million" . are lifting capital expenditure guidance for fy17 to between $370 million and $400 million in fy17 . "To deliver an increase in underlying earnings per share for first half of 2017 of between 10.5% and 14.2% compared with 2016" .All figures in NZ$.

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