MAP microba life sciences limited
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1041 [Dow Jones] STOCK CALL: ABN Amro says Macquarie Airports...

  1. williak
    11,476 Posts.
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    30/04/07
    11:58
    Post #: 2402182
    1041 [Dow Jones] STOCK CALL: ABN Amro says Macquarie Airports (MAP.AU) reported "another excellent result for Brussels" following strong Sydney airport 3Q, with 1Q EBITDA up 13% with revenue growth driven by traffic increases and retail and car parking improvements, while costs fell 2.2%. Expects refinancing of Brussels "in next couple of months" to free over A$300 million cash which could contribute to 40 cents/share special distribution or buyback. Retains buy recommendation with A$4.50 target price vs MAP last A$3.92, up 4 cents. (WEL)


    MAP Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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