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AUSTRALIA'S MACQUARIE AIRPORTS POSTS Q1 EARNINGS INCREASE.(Financial report)

AsiaPulse News

| May 01, 2008 | COPYRIGHT 2008 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SYDNEY, May 1 Asia Pulse - Macquarie Airports (ASX:MAP) today said earnings had increased across its core portfolio in the first quarter of fiscal 2008.

MAp said Sydney Airport posted an increase in earnings before interest, tax, depreciation and amortisation (EBITDA) of 6.8 per cent to $A162 million ($US150.98 million) in the first quarter compared to the prior corresponding quarter.

Retail revenues at Australia's largest airport increased by 6.6 per cent to $47.1 million, compared to the first quarter of 2006/07.

At Copenhagen Airport, EBITDA lifted 3.6 per cent to $374.9 million in the three months to March 31.

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