Schiphol Group revenue up 2.3% in 2010, cautious 2011 outlook

Schiphol Group reported a 2010 full-year net profit of EUR169 million, an increase of 28% year-on-year on revenue growth of 2.3%. The company forecast growth of 4-7% in passenger numbers and aircraft movements at Amsterdam airport in 2011, and a rise in cargo volume. It struck a cautious note over the strength of the recovery and its affects on revenue from concessions, retail sales and parking fees.