Post by Humberside on Nov 25, 2008 18:49:48 GMT
www.crainsmanchesterbusiness.co.uk/apps/pbcs.dll/article?AID=/20081125/FREE/811259997/1198/-/-/interim-profits-tumble-42-per-cent-at-manchester-airport
Pre-tax profits at Manchester Airports Group have fallen by 41.7 per cent to £38.4m as passenger numbers fell.
Figures for the six months to September 2008 show MAG’s turnover dropped 4.3 per cent to £217.3m while the group made a loss after tax of £82.5m compared with a £60.5m profit the previous year.
Group operating profit was down to £68.4m from £71.8m, a 4.7 per cent decrease.
Figures for the six months to September 2008 show MAG’s turnover dropped 4.3 per cent to £217.3m while the group made a loss after tax of £82.5m compared with a £60.5m profit the previous year.
Group operating profit was down to £68.4m from £71.8m, a 4.7 per cent decrease.