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Net profits rise by 20% at AldeasaNet profits rise by 20% at Aldeasa
John Gallagher
25-Nov-2004
SPAIN. Aldeasa has posted net profits of Eu25.8m ($33.5m) for the first nine months of the year, a 20.2% increase on the same period in 2003
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Sales rose by 5.7% to Eu476.4m ($618.7m), maintaining the growth rate enjoyed in the earlier part of the year. Earnings before interest, tax, depreciation and amortisation also rose by 10.6%
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(15-May-2003) - Madrid-based duty-free and travel-retail specialist Aldeasa has posted Q1 profits of ?3m during the first three months of 2002, up from ?2.73m
(18-May-2001) -
(30-Aug-2003) - Turnover at Spanish duty-free and travel-value retailer Aldeasa grew to Eu270.1m ($306.9m) for the first six months of 2003, an increase of 3.3% on the same period in 2002.
(12-Nov-2004) - Aldeasa has posted net profits of Eu25.8m ($32.7m) for the first nine months of the year, a 20.2% increase over the same period last year
(14-May-2004) - Aldeasa coo Alfonso Calderon attributes good first quarter results to tight cost management and international traffic growth