BAA does not regret Gatwick sale, Ferrovial dips on BAA’s GBP821.9 million loss after tax
Shares in Spain’s Ferrovial, owner of BAA, dipped 0.4% yesterday, upon the release the airport operator’s financial report for the 12 months ended 31-Dec-2009. BAA reported a 17.1% increase in EBITDA, to GBP885.2 million for 2009, on an 8.3% increase in revenue to GBP1.97 billion, despite a 3.8% year-on-year reduction in passenger traffic.