Dme airport limited

Company Overview of DME Limited

Company Overview

DME Limited, together with subsidiaries, manages, operates, and develops Domodedovo airport in the Moscow region, Russia. The company operates in three segments: Aviation Services, Auxiliary Aviation Services, and Commercial Services. It services international and domestic passenger and cargo flights. The company also sells fuel and pre-packaged meals, as well as provides airport-related commercial services comprising leasing of retail space, leasing of other commercial properties, and fuelling services. In addition, the company offers in-flight catering, aviation security, take-off and landing, aeronautical, ground handling, IT services, software development, and rent and advertising servic.

DME Limited, together with subsidiaries, manages, operates, and develops Domodedovo airport in the Moscow region, Russia. The company operates in three segments: Aviation Services, Auxiliary Aviation Services, and Commercial Services. It services international and domestic passenger and cargo flights. The company also sells fuel and pre-packaged meals, as well as provides airport-related commercial services comprising leasing of retail space, leasing of other commercial properties, and fuelling services. In addition, the company offers in-flight catering, aviation security, take-off and landing, aeronautical, ground handling, IT services, software development, and rent and advertising services, as well as engages in investing and financing activities, and management of car park facilities. The company was formerly known as FML Limited. The company was incorporated in 2001 and is based in Nicosia, Cyprus. DME Limited is a subsidiary of Alamo Limited.

Key Executives for DME Limited

DME Limited Key Developments

DME Limited announced earnings result for the nine months from January to September 2017. For the nine months, increased revenue to International Financial Reporting Standards (IFRS) 8% year-on-year to RUB 31 billion in January-September 2017, the company said in materials. Operational expenses were up 14% to RUB 22.5 billion. Operational profit fell 5.5% to RUB 8.6 billion. Profit before tax was practically unchanged over the period at RUB 8.8 billion against RUB 8.6 billion a year previously. Profit and other comprehensive income was up 10% year-on-year to RUB 6.987 billion in nine months of 2017.

DME Ltd. reported earnings results for the first half of 2016. The company’s revenue decline 4.4% to RUB 17.75 billion in first half 2016 year-on-year, while net profit rose 4.1% to RUB 3.67 billion. Earnings before interest, taxes, depreciation and amortization (EBITDA) fell 14.4% to RUB 6.22 billion.

DME Limited (Domodedovo Airport) may be sold. The owner of the Domodedovo Airport, Dmitry Kamenshchik is not planning the sale of the assets currently and stated that he has not received any corresponding offers in 2016. The co-owner of the holding company, NOVAPORT OOO, Roman Trocenko, stated this on his interest in purchasing the airport in June 2016.

*Предлагаемые к заключению договоры или финансовые инструменты являются высокорискованными и могут привести к потере внесенных денежных средств в полном объеме. До совершения сделок следует ознакомиться с рисками, с которыми они связаны.

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