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Retail revenues up 6% at SydneyRetail revenues up 6% at Sydney
1-Feb-2006
AUSTRALIA. Sydney airport owner Southern Cross Airports Corp has announced a 6% increase in retail revenues for the second half of 2005 compared with the same period in 2004.
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The result was posted despite a slow fourth quarter in which retail revenues grew by only 3.7% to just under A$40m ($29.9m). Retail revenues for the half reached A$73.8m ($55.1m),
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(19-Jan-2006) - Duty-free remains the main provider of the airport's retail revenues, which reached A$73.8m for the second half of 2005
(3-Jul-2002) -
(27-Jun-2002) - Sydney airport will be sold for A$5.588bn ($3.1bn) to Southern Cross Airports Corp, the Australian government announced yesterday
(12-Jul-2002) - AUSTRALIA. The new owners of Sydney International airport are to lobby Australia?s government to increase duty-free allowances and allow arriving passengers to buy a wider range of goods. Macquarie Airports, a 44% shareholder in the Southern Cross consortium, also said it will push for a redesign of the duty-free areas to boost spending as it moves to maximise revenues from its new $3.1bn asset.