March 10, 2020 / 6:14 AM / 23 days ago

BRIEF-Flughafen Zuerich FY Profit Up At CHF 309.1 Million

March 10 (Reuters) - FLUGHAFEN ZUERICH AG:

* FY REVENUE INCREASED BY 5.0% TO CHF 1.2 BILLION

* TO PROPOSE ORDINARY DIVIDEND THAT IS CHF 0.20 HIGHER THAN THAT OF PREVIOUS YEAR

* TO ALSO PROPOSE ADDITIONAL DIVIDEND FROM CAPITAL CONTRIBUTION RESERVES OF CHF 3.20 PER SHARE

* FY (EBITDA) INCREASED BY CHF 70.9 MILLION TO CHF 641.8 MILLION

* PROFIT FOR THE FINANCIAL YEAR JUST ENDED AMOUNTED TO CHF 309.1 MILLION, UP CHF 71.3 MILLION FROM THE PREVIOUS YEAR

* CORONAVIRUS WILL HAVE A NEGATIVE EFFECT ON THE EARNINGS OF FLUGHAFEN ZÜRICH AG

* NOT POSSIBLE TO ESTIMATE CORONAVIRUS IMPACT ANY MORE CLOSELY, NO FINANCIAL OUTLOOK FOR THE 2020 FINANCIAL YEAR CAN BE PROVIDED AT THIS TIME

* TOTAL OF 31,507,692 PASSENGERS TRAVELLED VIA ZURICH AIRPORT IN 2019, A YEAR-ON-YEAR INCREASE OF 1.3% Source text: bit.ly/3aGoCGL Further company coverage: (Gdansk Newsroom)

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