(Reuters) – The airports arm of France’s Vinci should nearly break even this year, the infrastructure group said on Friday, as it anticipates a pick up in air travel over 2022.
The majority owner of London’s Gatwick airport said it expected passenger numbers at its airports to recover to around 60% of their 2019 levels, bringing the unit’s net income close to break-even, unless the COVID-19 health crisis worsens again.
Its core earnings surged to 4.72 billion euros ($5.41 billion) in 2021, ahead of analysts’ 4.47 billion forecast according to FactSet data.
($1 = 0.8728 euros)
(Reporting by Sarah Morland; Editing by Christian Schmollinger)