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Retail proves resilient as BAA sees first-quarter profits fall 5%Retail proves resilient as BAA sees first-quarter profits fall 5%
1-Jul-2002
UK. BAA has announced a 5% fall in pre-tax profits for the first quarter to June 2002. But retail continued to prove resilient, said the group, with net retail income up 1.6% to £126m ($197m) and net retail income per passenger up 3.9% to £3.96 ($6.18). Overall profits amounted to £143m ($223m). BAA attributed the decrease in profits to falling traffic, added security costs and increased borrowing.
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?UK. BAA has announced a 5% fall in pre-tax profits for the first quarter to June 2002. But retail continued to prove resilient, said the group, with net retail income........
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(30-Jul-2002) - BAA today announced a 5% fall in pre-tax profits for the first quarter to June 2002
(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.
(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).
(28-Feb-2003) - Aldeasa, the Madrid-based duty-free and travel-retail operator, has announced 2002 net profits of ?22.1m ($24m), down 12.4 % on the previous 12 months
(11-Nov-2003) - BA has announced a fall in pre-tax profits for the second quarter, but said revenues had now stabilised.