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Mixed first-quarter results for BAAMixed first-quarter results for BAA
Sandra Newman
14-Jun-2008
Strong sales growth in the first three months of 2008 and the implementation of measures to manage its considerable debt mean that BAA’s business is looking healthier. But higher costs have hit profits and the company must await the outcome of the UK Competition Commission report in August to have a realistic idea of its prospects
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Revenue generated by the sale of World Duty Free (WDF) to Autogrill in March helped BAA post a solid increase in turnover for the first quarter of 2008. BAA’s sales
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