Heathrow Ltd (formerly known as BAA) has reported 11.6% increase in earnings before interest, tax, depreciation and amortisation to £1.26 billion with revenue of £2.64billion.
Profits have been driven by an increase in airport tariffs that have risen by an average of 12.5% since April 2011.
Traffic at London Heathrow, rose 0.9% to 70 million during the year, while traffic at London Stansted fell 3.2% to 17.5 million.
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