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August 28, 2014

New Zealand: Auckland Airport reports strong growth

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Auckland Airport has announced its annual results for the financial year to June 30, 2014, reporting a 21.3 per cent increase in profit after tax to NZ$215.9 million.

Total revenue was up 6.1 per cent to NZ$475.8 million, while total passenger movements were up 3.8 per cent to 15.1 million, with international passengers up 5.1 per cent to 8.2 million and domestic passengers up 2.2 per cent to 6.9 million.

“This financial year we have continued to implement Auckland Airport’s ‘Faster, Higher, Stronger’ strategy,” said Auckland Airport chair, Henry van der Heyden. “In particular, we have focused on growing travel markets and investing in the retail, property and long-term infrastructure we need to take full advantage of growth opportunities.

“As a result we have seen additional airline capacity and services into Auckland, we have announced our 30-year vision for the ‘airport of the future’, and we have delivered significant improvements for passengers, retailers and property tenants and maintained our focus on driving efficiency and effectiveness throughout the business. Strong execution of our strategic priorities has ensured we are delivering for investors and that we are strongly positioned for our future.”

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