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Airport retail lifts BAA as Americas sale costs $279mAirport retail lifts BAA as Americas sale costs $279m
7-Nov-2001
UK. BAA has reported an operating profits rise in continuing businesses of 5% to £355m ($522m) for the six months to September 30. But a £190m ($279m) exceptional loss incurred through the sale of World Duty Free Americas (WDFA) cut its interim profits overall by 45% to £150m ($221m).
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By Dermot Davitt
UK. BAA has reported an operating profits rise in continuing businesses of 5% to £355m ($522m) for the six months to September 30. But a £190m ($279m)
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(8-Nov-2001) - BAA has reported an operating profits rise in continuing businesses of 5% to £355m ($522m) for the six months to September 30. But a £190m ($279m) exceptional loss incurred through the sale of World Duty Free Americas (WDFA) cut its interim profits.
(30-Oct-2001) -
(16-Oct-2001) - BAA's Mike Hodgkinson, Brian Collie and Duty Free Acquisition Corp chairman Simon Falic on the record.
(31-May-2002) - US. Both BAA and Duty Free Americas (DFA), which bought BAA?s US duty-free business, have vowed to defend a court action taken against them last month. The action stems from the sale of World Duty Free Americas (WDFA) in September 2001.
(1-Jul-2001) - UK. A 9% rise in net retail income at UK airports contributed to an increase in BAA?s first-quarter profits for the period ending June 30.