Brussels Result Impresses -Deutsche Bk
Tuesday, August 02, 2005 1:02:02 AM ET
Dow Jones Newswires
1454 [Dow Jones] STOCK CALL: Deutsche Bank retains Buy recommendation on Macquarie Airports (MAP.AU) after Brussels Airport 1H05 EBITDA up 25%, ahead of 20% rise expected. "Further upside risk for Brussels Airport if the non-aeronautical revenues grow quicker than expected." Increases FY05 Brussels EBITDA by 2.9% as cost cutting progressing faster than expected; ups MAP valuation 2 cents to A$3.72 vs latest down 7 cents at A$3.30. (WEL)
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(END) Dow Jones Newswires
brussels result impresses -deutsche bk
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