Airports operator BAA today posted a 4.9% rise in yearly operating profits as more passengers than ever used its sites.
The group said it believed "robust" passenger growth would continue despite the uncertain political outlook.
BAA, whose portfolio of airports includes Gatwick, Heathrow and Stansted, said it was still on track to deliver 6% growth in passenger numbers this financial year.
Operating profits rose to £616 million in the year to March 31, while pre-tax profits before exceptional items lifted 2.3% to £536 million.
During the year the number of passengers passing through BAA's airports increased by 4.4% to 133.4 million.
Chief executive Mike Clasper said: "Although the international political outlook is likely to remain uncertain, we believe that robust passenger traffic growth will continue as the UK economy strengthens, along with those of key regions such as North America and Asia."
Tuesday May 18, 2004
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