Sydney Airport: Result 2012

The owner of the eponymous airport has again demonstrated its solid growth characteristics, making a compelling investment case alongside a generous starting yield.

Record traffic numbers have contributed to an excellent full-year result from Sydney Airport. Looking at Sydney Airports Corporation (SAC), which operates the airport and of which the listed Sydney Airport (SYD) owns 84.8%, a 3.6% increase in traffic resulted in revenue growth of 6.9% to $1,040m.

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