SYD 0.00% $8.72 sydney airport

I have no doubt SYD will continue to grow its revenue. What I...

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    I have no doubt SYD will continue to grow its revenue. What I meant is the interest costs shaving off a lot of that growth in the years ahead (and on that count, I don't agree with the market).

    Sure, I get your point. What I mean is that, being the underlying revenue growth trend pretty strong, being the interest expense only about 35% of EBITDA, and being the vast majority of that interest expense fixed, it will require a large move higher in yields before the earnings growth rate shows a noticeable deterioration.

    By all means, I don't agree with the market either, in this instance.
 
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Currently unlisted public company.

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