TAV Airports' revenue passes EUR 1 billion
TAV Airports increased its revenue by 10% to EUR 1079 million in 2015. The company has posted EUR 210 million in net profit.
TAV Airports Holding announced its 2015 EBITDA of EUR 488 million with an increase of 13% and its 2015 revenue of EUR 1079 million with an increase of 10%.
TAV Airports CEO Sani Sener said: “The revenue, EBITDA and net profit we have posted are naturally indicators of our success. However, these metrics only go so far to show the true value of an enterprise.
“I believe what’s equally as important is what we contribute to our country, employees and clients as a company. This year we paid around EUR 500 million to the state in the form of rent, taxes and social security. We paid EUR 200 million to our employees as wages. We invested EUR 88 million to increase passenger comfort and created employment opportunities for our youth. An enterprise must prioritize the benefits of the country, pay its employees fairly, contribute to their development through education and training and invest in the future to be considered truly successful. TAV’s main goal is to go after this kind of success. Thus, this year, as in previous years we have crowned our financial success with the social benefits we have created.”