COPENHAGEN, Denmark, March 6, 2003 (PRIMEZONE) -- Koebenhavns Lufthavne A/S (Copenhagen Airports A/S):
Consolidated profit before tax and unrealised exchange gains (DKK 24.1 million) amounted to DKK 514.3 million, which was at the upper end of the forecast.
In spite of lower traffic revenue, the Parent Company's operating profit was DKK 64.9 million higher than in 2001, mainly owing to increased concession revenue.
The performance of the hotel operation was better than in 2001.
As expected, the contribution to profit from Newcastle International Airport fell by DKK 56.3 million compared with the figure in 2001.
Forecast of a profit before tax for 2003 of approximately DKK 50 million more than profit before tax in 2002.
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