TÜRKİYE. TAV Airports, a member of Groupe ADP, posted a +12% year-on-year increase in revenue to €824 million in the first six months of 2025. EBITDA rose +10% to €237 million.
TAV Airports CEO Serkan Kaptan stated, “We completed the first half of the year with +5% international passenger growth, which was affected by geopolitical developments in the Middle East in the second quarter.
“We had strong revenue growth at +12%, which was above traffic growth due to higher fees, duty-free spend per passenger growth in existing operations, new commercial areas in Almaty, new catering operations in Antalya and the new TAV Technologies project in Qatar.
“The Qatar project and TL inflation had affected margins in the first quarter but in the second quarter, our non-Turkish airports had EBITDA growth above revenue and delivered margin expansion.
“In April, we opened the new terminal in Antalya, where we also started our commercial operations. Our service companies are improving the passenger experience in the airport significantly while the commercial revenue profile of the airport is also becoming greatly enhanced.” ✈
