In the three months to March 31, Southern Cross reported earnings before interest, tax, depreciation and amortisation (EBITDA) of $162 million, excluding specific expenses.
The company said total revenue from all of its business units rose 7.6 per cent over the prior corresponding period to $200.7 million.
Kerrie Mather -- the chief executive of Southern Cross's owner, Macquarie Airports (MAp) -- said it was a sound earnings result.
"The Sydney result was very solid, up nearly 7 per cent, and we will see continued growth from our commercial activities and the expansion of our facilities," Ms Mather said.
Southern Cross continued to invest in all of its businesses, she said.
Capital expenditure during the first quarter reached $74 million, with about $69 million devoted to growth expenditure, including spending on a multi-storey car park, international terminal redevelopment and new large aircraft works.
The redevelopment of the international terminal, which includes improved passenger processing facilities, baggage system and retail dwelling space, was also well under way, Ms Mather said.
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