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Aeroports de Paris says first-half net soars on asset sale

Aeroports de Paris says first-half net soars on asset sale

Aeroports de Paris, the owner and operator of the French capital's Charles de Gaulle and Orly airports, said Friday that first-half net income surged after the company sold shares in Beijing Capital International Airport.
Net income for the period surged to euro201.6 million (US$274.3 million) in the six months through June 30, compared with euro44.9 million in the same period a year earlier, the company said in a statement. Revenue rose 9 percent to euro1.1 billion (US$1.5 billion).
The company sold its whole stake in Beijing airport for 191.6 million (US$261.5 million) in February.
"Aeroports de Paris is pursuing its strategy of increasing passenger handling capacity, improving service quality and developing retail activities," said Chairman and CEO Pierre Graff.
For the full year, the company said it was raising its estimates of passenger traffic growth to a target range of between 4 percent and 4.4 percent.
The company's shares rose 0.7 percent to euro82.5 (US$.58) in Paris.


Updated : 2021-05-11 19:47 GMT+08:00