Article: Schiphol Nederland - Schiphol Group reports decline of 76.6% in net result for H1 2009.(Financial report)(Brief article)

AIRLINE INDUSTRY INFORMATION-(C)1997-2009 M2 COMMUNICATIONS

Airport operator Schiphol Nederland B V - Schiphol Group (LSE:35KO) on Thursday reported a decline of 76.6% net result for first half of 2009 to EUR22.4m from EUR95.8m in the corresponding period in 2008.

The company stated that lower traffic and transport volumes, the inclusion of a restructuring provision of EUR33.5m, a reduction of 3.6% in fair value property portfolio, impairment of EUR6.3m in contract-related assets and an ...

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