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HNA's Swissport profit up 24pc to US$306.4 million as sales rise 6.7pc

HNA Group-owned Swissport posted an annual 24

HNA's Swissport profit up 24pc to US$306.4 million as sales rise 6.7pc

HNA Group-owned Swissport posted an annual 24

15 May 2019 - 19:00

HNA Group-owned Swissport posted an annual 24.1 per cent year-on-year operating profit increase to EUR273.2 million, (US$306.4 million) drawn on revenues of EUR3 billion, up 6.7 per cent.

Said Swissport International group president and CEO Eric Born: '2018 was an excellent year for Swissport, both from a strategic perspective and from a results point of view.



'We actively realised organic revenue growth above the market and a favourable market environment gave us additional lift,' Mr Born said.



'With the strategic acquisition of the Australian ground services company Aerocare in March 2018, we added a growth platform in the Asia-Pacific region, creating the basis for our regional expansion.'



At year-end 2018, Swissport was active at 303 airports in 50 countries on six continents.


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