EANS-News
Flughafen Wien AG: Q1-3/2019: Passenger Volume (+16.6%), Revenue (+7.8%) and Net profit (+14.4%)* ? Weakening of growth as expected
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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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Quarterly Report
Vienna Airport - Vienna Airport in Q1-3/2019: Passenger Volume (+16.6%), Revenue
(+7.8%) and Net profit (+14.4%)* - Weakening of growth as expected
# REVENUE increase to EUR 642.9 million (+7.8%), EBITDA rise to EUR 313.1
million (+10.2%), EBIT improvement to EUR 215.0m (+12.9%)
# NET PROFIT FOR THE PERIOD* at EUR 152.1 million (+14.4%)
# Air cargo down 4.6% in the period January to October 2019
# Passenger growth slows down: +9.9% in the Flughafen Wien Group and +10.2% at
Vienna Airport in October 2019
"Revenue and net profit of the Flughafen Wien Group have improved, but growth is
slowing down as expected. The new Office Park 4 will be put into operation in
May 2020. The airport is on a growth path, but this is taking place in a
responsible manner. Since 2011, CO2 emissions have been reduced by about 70% per
traffic unit, and energy consumption has been cut by 40%. Vienna Airport will
have seven photovoltaic facilities covering an area of 16,000 m² in operation by
the end of 2020, and will operate soon in a CO2 neutral manner in spite of
growth in flight traffic and at the flight hub", explains Günther Ofner, Member
of the Management Board of Flughafen Wien AG.
"Passenger and cargo development is weakening, but aviation remains a growth
sector in the long-term. Within the context of the dynamic competition
prevailing at Vienna Airport, the Lufthansa Group with Austrian Airlines and
Eurowings as well as Lauda, Wizz Air, Level and many other airlines have
increased passenger volumes and flight movements. We expect about 31 million
travellers in the entire year 2019. The new winter flight schedule offers
numerous new destinations. The economy and tourism sector will profit from
numerous new flight connections and frequency", states Julian Jäger, Member of
the Management Board of Flughafen Wien AG.
Traffic development in Q1-3/2019: +16.6 rise in passenger volume in the
Flughafen Wien Group**
The Flughafen Wien Group including the foreign strategic investments in Malta
Airport and Kosice Airport handled a total of 30.1 million passengers in the
period January to September 2019, comprising a year-on-year rise of 16.6% from
the prior-year level. The number of passengers at Vienna Airport climbed 19.5%
to 23,956,086 travellers in the months of January to September 2019. The number
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