Malta International Airport – Interim Directors’ Statement

The Company hereby announces that since the last announcement on 27 July 2017 and the date of this announcement, no material events and / or transactions have taken place that would have an impact on the financial position of the Company, such that they would require specific mention, disclosure or announcement pursuant to the applicable Listing Rules, and which have not been otherwise announced through a Company Announcement.

During the period under review (1 January 2017 – 30 September 2017), the financial position of the Company has remained sound and its performance is superior to 2016.

The turnover for the first nine months of 2017 was Euro 63.1 million, an increase of 13.7% compared to the first three quarters of 2016. Total expenditure increased by 2.5% to Euro 24.1 million, while the profit for the period January to September 2017 increased by 25.2% to Euro 21.4 million. The attached Profit (Loss) statement and the Balance Sheet show these positive developments for the first three quarters of 2017.

With the winter schedule now launched and traffic projections exceeding expectations, the Company remains optimistic that the last quarter will follow the positive trend registered thus far and is expecting to exceed the financial targets set out in the Company Announcement 261/2017, published last July.

 

To view the official announcement, click here.