Long-haul growth at two of its three airports saw Manchester Airports Group (MAG) return an increased net profit from continuing operations for its 2017-18 financial year of £122.5 million ($161.9 million), up from £117.4 million. MAG made the profit on revenues up 10.2% at £818.1 million, compared to a restated figure of £742.7 million. The latter figure was restated due to the adoption of IFRS 15 financial reporting rules. However, after taking into account a ...

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