EANS-News

Vienna Airport Reports Further Growth in H1/2019 - Seite 2

Airport and Kosice Airport handled a total of 18.1 million passengers in the
period January to June 2019, comprising a year-on-year rise of 19.9% from the
prior-year level. The number of passengers at Vienna Airport climbed 23.9% to
14,666,255 travellers in the months of January to June 2019. The number of local
passengers was up 29.1% in the first half of 2019, whereas transfer passenger
traffic rose by 6.9%. The number of flight movements in the period January-June
2019 was up 15.4% from the previous year to 127,883 starts and landings. The
average seat occupancy (seat load factor) rose slightly from 73.8% to 75.1% in
the first six months of 2019. Cargo volume (air cargo and trucking) fell by 4.6%
in the same period to 135,984 tonnes. Passenger traffic at Malta Airport
increased by 5.9% to 3,251,859 passengers in H1/2019. Passenger volume at Kosice
Airport rose by 2.5% in the same period to 218,049 passengers.


Vienna Airport is the top performer in Europe

According to the global airport association Airports Council International
(ACI), European airports reported an average passenger growth of 4.3% in the
first half of 2019. Vienna Airport's growth performed significantly better,
showing the strongest growth in H1/2019 of all European airports with more than
25 million passengers.


H1/2019: Revenue increase to EUR 401.4 million (+7.5%) and net profit for the
period* of EUR 82.9 million (+14.6%)

Revenue generated by the Flughafen Wien Group in H1/2019 improved by 7.5% to EUR
401.4 million, and EBITDA improved by 9.3% to EUR 183.1 million. EBIT in H1/2019
increased by 12.1% to EUR 117.2 million, the net profit for the period before
non-controlling interests climbed 14.6% in H1/2019 to EUR 82.9 million just like
the net profit for the period after non-controlling interests recorded a rise of
14.6% to EUR 75.8 million. Net debt could be reduced to EUR 190.8 million
(January 1, 2019: EUR 198.2 million)***. The free cash flow equalled EUR 76.0
million (H1/2018: EUR 72.1 million).


Revenue and earnings development in the segments

Revenue in the Airport Segment rose by 7.8% year-on-year to EUR 191.0 million in
H1/2019. Segment EBIT improved to EUR 49.2 million (H1/2018: EUR 46.0 million).
The Handling and Security Services Segment showed a stable revenue development,
rising marginally by 0.1% to EUR 79.4 million. The segment's EBIT amounted to
EUR 0.5 million (H1/2018: EUR 3.0 million). This segment also includes the
security services of VIAS, the handling services provided by Vienna Aircraft
Handling (VAH) and Vienna Passenger Handling Services (VPHS) and services