Financial News

(8-Feb-2005) The beauty house is to divest some or all of its business, sources close to the company have confirmed

(7-Feb-2005) King Power International, a subsidiary of King Power Group Hong Kong, has topped the bidding for a new travel products shop concession at Singapore Changi airport terminal one, departure lounge east. Bids closed on January 26

(1-Feb-2005) INTERNATIONAL. An ?exceptionally strong? end to the year helped LVMH Moët Hennessy-Louis Vuitton to post record sales in 2004

(1-Feb-2005) LEBANON. Middle East Airlines' onboard duty-free sales grew by 28% in 2004 compared with the previous year, with spend per passenger reaching $8

(1-Feb-2005) HONG KONG. Liquor and tobacco duty-free operator Sky Connection has achieved record sales for four consecutive months at Hong Kong International airport

(1-Feb-2005) UK. BAA has reported a rise in group operating profit of 9.6% to £548m ($1.03bn) in the nine months to December 31 2004, with net retail income up by 7.5% to £457m ($863.7m)

(1-Feb-2005) AUSTRALIA. Macquarie Airports (MAP) has announced strong results for Sydney airport for the six months to December 31 2004, with earnings before interest, tax, depreciation and amortisation rising by 14.7% to A$169.4m ($130.3m)

(1-Feb-2005) The company warns of lower profits resulting from the effects of the Asian tsunami on its retail business and new business start-up costs in Australia and Holland

(31-Jan-2005) Enhanced computer systems and strong passenger growth have boosted retail results at the Bulgarian airport

(25-Jan-2005) The two companies, partners in the Sintres company which acquired 75% of Dufry last year, have agreed to split the remaining 25% of the Swiss retailer