AIRLINE INDUSTRY INFORMATION-(C)1997-2005 M2 COMMUNICATIONS LTD
Danish airport operator Copenhagen Airports A/S reported on Thursday (3 March) an operating profit (EBIT) of DKK974m on net revenue of DKK2.5bn for the financial year 2004.
Both operating profit (EBIT) and net revenue for the 12-month period increased, respectively from DKK807m and DKK2.2bn, as compared to the financial year 2003.
The company's Supervisory Board intends to recommend an increase of the payout ratio for 2004 to 50%, equivalent to DKK35.58 per share, as compared to DKK18.21 per share in 2003.
Copenhagen Airports expects its pre-tax profit to increase by 10% to some DKK900m in 2005.
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