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Airport retail robust as BAA swallows $273m American lossAirport retail robust as BAA swallows $273m American loss
15-Jun-2002
UK. BAA saw profits fall 42% last year as it digested the disposal of World Duty Free (WDF) Americas. But increases in sales and net retail income at WDF Europe, announced last week in full-year results to the end of March, were central to a robust performance by its core UK airport retail division.
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By Dermot Davitt
UK. BAA saw profits fall 42% last year as it digested the disposal of World Duty Free (WDF) Americas. But increases in sales and net retail income
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(7-Jun-2002) - Increases in net retail income and in sales at World Duty Free (WDF) Europe were central to a robust performance from BAA's retail division, in full-year results announced today
(7-Jun-2001) - UK. BAA has announced pre-tax profits of £530m ($752m) for the year to March 31, an increase of 15.2%. This was principally the result of a strong performance by its core UK airports business.
(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.
(25-Jun-2003) - State-owned Air Malta has announced profits of LM5.3m ($13.4m) for 16 months to July 31.
(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).