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    EANS-News  427  0 Kommentare Flughafen Wien AG / Flughafen Wien Group Reports Strong Growth: More Passengers and a Significant Earnings Improvement in Q1-3/2018 ? Passenger Volume Expected to Rise More Than 10% in 2018

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    Corporate news transmitted by euro adhoc with the aim of a Europe-wide
    distribution. The issuer is responsible for the content of this announcement.
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    Quarterly Report

    Vienna Airport - Flughafen Wien Group Reports Strong Growth: More Passengers and
    a Significant Earnings Improvement in Q1-3/2018 - Passenger Volume Expected to
    Rise More Than 10% in 2018

    .) REVENUE increase to EUR 596.3 million (+4.9%), EBITDA rise to EUR 284.1
    million (+6.6%), EBIT improvement to EUR 190.4 million (+14.3%)
    .) NET PROFIT FOR THE PERIOD*) up substantially to EUR 133.0 million (+16.5%)
    .) Q1-3/2018 traffic development: passenger growth of +8.7% in the Flughafen
    Wien Group, +7.3% at Vienna Airport
    .) Strong passenger growth in October 2018: Passenger volume up 15.9% in the
    Flughafen Wien Group and +18.2% at Vienna Airport
    .) Upward revision in the traffic forecast for 2018: More than 10% passenger
    growth in the Flughafen Wien Group and at Vienna Airport

    *) Profit for the period before non-controlling interests

    "Vienna Airport is growing quickly. Flight traffic and revenue are increasing
    significantly, the profit for the period climbed by 16.5% and net debt could be
    further reduced thanks to the strong passenger growth, high level of
    productivity and resolute cost management. The new health care centre at the
    airport has already been opened, a new pharmaceutical handling centre will
    commence operations this year, and work on Office Park 4 and the planning for a
    third hotel at the airport site are moving ahead. The airport is prospering, and
    the economy, tourism, employment and the entire eastern region of Austria are
    all benefitting from this. We need more capacity on the ground on a long-term
    basis", states Günther Ofner, Member of the Management Board of Flughafen Wien
    AG.

    "Passenger and traffic development this year has surpassed all our expectations.
    For this reason, we are revising passenger forecasts this year upwards. We
    expect 10% more travellers than in the previous year, and in Vienna the 27
    million passenger threshold is within reach. In any case, 2018 will mark a new
    passenger record. The strong growth of low-cost carriers, above all Laudamotion,
    Wizz Air and Level, the good development of Austrian Airlines and new long-haul
    flight connections are the main drivers. This growth trend will also continue in
    2019. Important future highlights have already been confirmed i.e. new long-haul
    connections offered by Air Canada, ANA and Austrian Airlines", explains Julian
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    EANS-News Flughafen Wien AG / Flughafen Wien Group Reports Strong Growth: More Passengers and a Significant Earnings Improvement in Q1-3/2018 ? Passenger Volume Expected to Rise More Than 10% in 2018 - Corporate news transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement. - Quarterly Report Vienna Airport - Flughafen Wien Group Reports Strong Growth: More …