March 2, 2018 / 6:12 AM / 4 months ago

BRIEF-Flughafen Zuerich FY Profit Of CHF 285.5 Million‍​‍​

March 2 (Reuters) - FLUGHAFEN ZUERICH AG:

* FY REVENUE INCREASED FROM CHF 1,012.8 MILLION TO CHF 1,037.1 MILLION (+2.4%)‍​

* IN 2017, A TOTAL OF 29,369,094 PASSENGERS FLEW VIA ZURICH AIRPORT, YEAR-ON-YEAR INCREASE OF 6.3%

* FY PROFIT COMES TO CHF 285.5 MILLION‍​

* FY EARNINGS BEFORE INTEREST AND TAX (EBIT) AMOUNTED TO CHF 339.9 MILLION

* ADJUSTED FOR ONE-OFF EFFECTS, FY EBITDA INCREASED BY CHF 10.8 MILLION TO CHF 578.8 MILLION

* EXPECTS PASSENGER VOLUMES TO GROW BY 3.5-4% IN THE CURRENT FINANCIAL YEAR

* 2018 REVENUE IS ALSO EXPECTED TO RISE IN THE NON-AVIATION SEGMENT

* EXCLUDING ONE-OFF EFFECTS THE RESULT IS CHF 250.3 MILLION, AN INCREASE OF 4.5% OVER THE ADJUSTED PRIOR-YEAR FIGURE

* 2018 EBITDA AND CONSOLIDATED PROFIT SHOULD EXCEED THE PRIOR-YEAR FIGURE

* PROPOSES PAYMENT OF BOTH ORDINARY DIVIDEND OF CHF 3.30 PER SHARE AND ADDITIONAL DIVIDEND OF CHF 3.20 PER SHARE‍​ Further company coverage: (Gdynia Newsroom)

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