EANS-News
Vienna Airport Shows Growth Once Again in Q1/2019
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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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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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Substantial Rise in Passenger Volume (+19.9%), Revenue (+8.2%) and Earnings
(+18.0%) ? April 2019: 26.6% Passenger Increase of 22.8% in the Group and 26.6%
at Vienna Airport
Quarterly Report
Wien-Flughafen -
* REVENUE increase to EUR 177.3 million (+8.2%), EBITDA rise to EUR 71.6 million
(+10.5%), EBIT improvement to EUR 38.4 million (+15.1%)
* NET PROFIT FOR THE PERIOD* up substantially to EUR 25.5 million (+18.0%)
* Traffic development in Q1/2019: passenger increase of 19.9% in the Flughafen
Wien Group, +24.6% at Vienna Airport - Vienna reports strongest passenger
growth in Q1/2019 of all European airports with more than 25 million
passengers per year
* Upward revision of financial guidance to revenue of EUR 830 million and profit
for the period exceeding EUR 170 million
* High passenger growth in April 2019: +22.8% for the Flughafen Wien Group and
+26.6% at Vienna Airport
"Vienna Airport continues to grow, showing a significant increase in revenue and
earnings. This creates new jobs. At present about 22,500 people work at Vienna
Airport. We are revising our financial guidance upwards for the 2019 financial
year and expect revenue of over EUR 830 million and the net profit for the year
to exceed EUR 170 million. Vienna Airport will invest about EUR 220 million in
2019 for its further expansion. In 2019 Vienna Airport was honoured by Skytrax
for having the "Best Airport Staff in Europe" for the fourth time in five years,
which is particularly gratifying", explains Günther Ofner, Member of the
Management Board of Flughafen Wien AG.
"Vienna Airport is experiencing an upswing. In the first four months, passenger
volume at the airport rose strongly by 25.2%. We were the fastest growing
European airport in our category in the first quarter of 2019. On April 12,
2019, we registered the busiest day in the airport's history with 106,969
passengers. We assume that this record will be surpassed again this year and
that we will handle more than 30 million passengers by the end of the year. New
flight offerings on long-haul routes by Austrian Airlines, ANA, Air Canada and
China Southern as well as by low cost carriers such as Laudamotion, Wizz Air and
Level along with new airlines, destinations and frequency increases on the
short- and medium haul are providing significant growth impetus", states Julian
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