Copenhagen Airports ups 2004 forecast

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The company has bolstered traffic and profit expectations after a solid start to the year

Copenhagen Airports has recast its annual forecast in light of strong first quarter traffic and profits. The company reported a 7% increase in passenger numbers compared with the same period last year, with international passengers up 9% in March.

The company, which had originally anticipated passenger growth of 2% this year, said that it now anticipates growth of more than 5%, and has doubled its pre-tax profit growth forecast to 20%. Last year pre-tax profit at Copenhagen Airports was DKr614m ($100m).