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daa International Makes Significant Gains in Saudi Arabia and Short-listed for P3 in the U.S. Virgin Islands
Justin Lee
Singapore
September 25, 2023
daa international (daai) has had an improvement in revenues for the first half of 2023. It has also seen rapid expansion of its business in Saudi Arabia and could possibly secure additional P3 contracts for two airports in the US Virgin Islands. It has also pledged to help Ukraine’s airports resume operations when the Ukraine- Russia war sees an end.
daa plc, the parent company of daai, handled a total of 17.1 million passengers at its two airports of Dublin and Cork in Ireland in the first half of 2023, a 32% year-on-year increase from the number of passengers handled in the same period in the year 2022.
© Wikimedia Commons
The rise in revenue in daa’s 24 international retail stores in 13 countries was driven by the combination of increased passenger volumes and increased passenger spends since 2022 for Aer Rianta International, while daa International’s business generated revenues of EUR15.7mn in the first 6 months of 2023, an increase of EUR9.1mn compared to the same period in 2022.
daa plc Half-Year Traffic and Financial Performance
|
|
Jan - Jun 2023 |
Jan - Jun 2022 |
|
|
|
Million |
Million |
% Change |
|
Passengers |
17.1 |
13 |
32% |
|
Turnover (EUR) |
458.8 |
295.6 |
55% |
|
Group EBITDA (EUR) |
121.9 |
97.7 |
25% |
|
Group Profit (loss) after tax (EUR) |
52.6 |
23.6 |
123% |
@daa plc
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