Auckland International Airport EBIT down 62.1% in FY2020

25 August, 2020

Auckland International Airport reported (20-Aug-2020) the following financial highlights for the 12 months ended 30-Jun-2020:

  • Revenue: NZD567.0 million (USD360.5 million), -23.7% year-on-year;
    • Aeronautical: NZD233.6 million (USD148.5 million), -25.3%;
      • Airfield landing: NZD88.4 million (USD56.2 million), -24.4%;
      • Airfield parking: NZD12.2 million (USD7.8 million), +14.0%;
    • Retail: NZD141.5 million (USD90.0 million), -37.3%;
    • Rental: NZD109.2 million (USD69.4 million), +1.3%;
    • Car parking: NZD50.3 million (USD32.0 million), -21.7%;
  • Costs: NZD494.6 million (USD314.5 million), +3.5%;
  • EBIT: NZD269.2 million (USD171.2 million), -62.1%;
  • Net profit: NZD193.9 million (USD123.3 million), -63.0%;
  • Capital expenditure: NZD370.8 million (USD235.7 million), +30.5%;
  • Total assets: NZD9297 million (USD5910 million);
    • Cash and cash equivalents: NZD765.3 million (USD486.6 million);
  • Total liabilities: NZD2660 million (USD1690 million). [more - original PR]

*Based on the average conversion rate at NZD1 = USD0.63576