February 24, 2017 / 7:44 AM / 9 months ago

BRIEF-Heathrow delivers record number of passengers in 2016

Feb 24 (Reuters) - Heathrow Funding Ltd:

* Results for year ended Dec. 31, 2016

* Heathrow delivered even better value to a record 75.7 million passengers (+1.0 pct) in 2016

* FY passenger charges fell by 1.0 pct

* FY revenue of 2,807 million stg (+1.5 pct)

* FY adjusted EBITDA of 1,682 million stg (+4.8 pct) reflecting continued cost control and strong retail income growth

* Heathrow continues to deliver for UK with a 3.0 pct increase in cargo volumes

* A more resilient UK economy boosted passenger volumes at end of 2016, with trend continuing into early weeks of 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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