Sheremetyevo Airport JSC reports 24.75% increase in 2019 revenue

Board of directors of Sheremetyevo International Airport JSC (SVO JSC), operator of Sheremetyevo International Airport, has approved the revenue statement of 2019, reporting RUB 39,239 million, an increase of 24.76% compared to the same period in 2018, the company said.

The company reported net profits of RUB 20,480 million, an increase of 122.22% over 2018.

Revenue was up 14% for aviation activities and 11% for non-aviation activities. The growth in cost of sales amounted to 21.79%, a total of RUB 12,962 million.

Gross income of SVO JSC in 2019 amounted to RUB 26,277 million, which exceeded the level of 2018 by 26.27%. The company´s net profit, totaling RUB 20,480 million, was due to both increased revenue and a change in the exchange rate.