UK. London Heathrow Airport today reported half-year results to 30 June, with retail revenue increasing +1.4% year-on-year to £365 million (US$494 million). This compared with a +0.3% rise in passenger traffic to 39.9 million in the six months.
Retail revenue growth was supported by a strong performance in VIP and Fast Track services and robust food & beverage sales, said the company. This was partially offset by softer performance in the luxury and duty-free categories and continued weakness in the bureaux de change market.
For the six months ended 30 June 2025, group revenue increased +1.9% to £1,724 million (US$2,333 million). Adjusted EBITDA climbed +0.8% to £959 million (US$1,297 million).
Larger aircraft and strong demand for Asia Pacific and Middle East destinations were the primary growth drivers for traffic, said the airport company, which added that its full-year target of over 84 million passengers was on track.
Heathrow recently announced a £10 billion (US$13.5 billion), five-year investment plan from 2027 to 2031. The company described it as “the next plank in our strategy to climb back up the international rankings and be an extraordinary airport, fit for the future”.
Once complete, Heathrow will be able to serve 10 million more passengers a year, a +12% increase in capacity compared to today.
Heathrow CEO Thomas Woldbye said, “We are delivering on our vision to become an extraordinary airport, fit for the future. We are welcoming record passenger numbers and improving the services that matter most.
“Our new five-year investment plan will mean faster, more reliable journeys, more on-time flights and unlock room to grow – all while delivering better value for customers.
“We will soon submit our long-term expansion plans to the government, providing the UK with the opportunity to stay competitive, boost jobs and drive nationwide growth. Heathrow has an exciting future ahead and we are ready to get going.” ✈
