COPENHAGEN, Denmark, May 2, 2007 (PRIME NEWSWIRE) --
- Operating performance for Q1 2007 was in line with expectations - Passenger numbers at Copenhagen Airport increased 4.7% - Revenue in Q1 2007, which was adversely affected by temporary closing of shops and reallocation of shop square meters during start up of a major re-furbishment, rose by 3.3% to DKK 660.0 million - Staff costs rose by DKK 8.0 million to DKK 191.0 million due to stricter EU security requirements, which increased the number of security employees by 55 - EBITDA increased 7.3% to DKK 348.5 million when adjusted for other income of DKK 115.6 million related to the sale of a building - Profit from investments fell to DKK 2.9 million as the 2006 refinancing in Newcastle International Airport implied higher interest costs - Profit before tax rose to DKK 343.8 million - The forecast for 2007 of a 5-10% increase in profit before tax is retained, when taking into account certain one-off costs incurred in 2006
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