MALAYSIA. Malaysia Airports Holdings Berhad (MAHB) has reported a +17.0% year-on-year surge in retail revenue to RM623.5 million (US$151.8 million) in the nine months ended 30 September.

Group retail and food & beverage sales per passenger increased +12.3%.

The performance of the group in Malaysia and Turkey; click on image to enlarge

Non-aeronautical revenues at the group, which runs Malaysia’s major airports as well as having a stake in Istanbul Sabiha Gökcen Airport in Turkey, rose by +13.9% to RM1,169.2 million (US$284.7 million).

Retail and F&B sales at Kuala Lumpur International Airport (KLIA) and low-cost terminal klia2 combined – the key locations for commercial activities at the group –increased +26.7% to RM1,546.8 million (US$376.6 million).

Group results in the first nine months; click on image to enlarge (MY = Malaysia, TR = Turkey)

Malaysia Airports’ retail arm Eraman posted revenue of RM536.3 million (US$130.6 million) across KLIA and klia2, up +15%. Sales per passenger increased +2.0% to RM12.37 (US$3).

At Istanbul Sabiha Gökcen Airport, where the concessionaire is Setur Duty Free, duty free spend per passenger fell -5.5% to €8.81. Non-aeronautical revenue slipped -7.8% to €62.9 million.

Retail and F&B sales at KLIA and klia 2; click on image to enlarge

MAHB said group passenger traffic increased +8.6% to 95.3 million. International traffic growth in Malaysia (+14.7%) and Turkey (+6.6%) outpaced respective domestic growth.

MAHB group revenue was up +10.1% to RM3,405.5 million (US$828.4 million). EBITDA increased +10.6% to RM1,478.4 million (US$359.6 million).

Eraman in the first nine months of 2017; click on image to enlarge