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FWAG: Good Business Results of the Flughafen Wien Group: Further Improvement of Revenue and Earnings Despite High Extraordinary Depreciation of EUR 30.4 Million Due to Negative Runway Ruling - Seite 3
million. This also includes the security services of VIAS as well as
the handling services provided by Vienna Aircraft Handling (VAH). The
Retail & Properties Segment reported a 3.4% decline in revenue to EUR
123.9 million. This is mainly due to the lower rental income relating
to the transfer of economical ownership of buildings to a tenant as a
result of a rental prepayment (Hermione, minus EUR 5.3 million), and
the restrained development of parking and retail income. Segment EBIT
totalled EUR 61.8 million (-10.3%). Revenue of the Malta Segment
amounted to EUR 73.1 million in 2016 (+9.1%), and segment EBIT
equalled EUR 30.3 million (+15.9%). Revenue in the Other Segments
climbed 6.3% in 2016 to EUR 15.4 million, whereas segment EBIT fell
3.2% to EUR 11.4 million.
Investments
Of the total investments (excluding investments in financial assets)
of EUR 92.0 million in 2016, EUR 25.6 million related to investments
in the Runway System 11/29 (runway renovation), EUR 9.0 million was
for investments in connection with the 3rd Runway, EUR 2.8 million
involved new apron positions for wide-bodied aircraft and EUR 2.4
million was spent on the renovation of an operations building.
Moreover, EUR 63.7 million was invested to acquire additional Shares
in MMLC (increased of Flughafen Wien AG's share in Malta Airport).
Total investments in the year 2017 are expected to be about EUR 100
million.
Good traffic development 2016 - New passenger record at the Vienna
flight hub The year 2016 developed well from a flight traffic
perspective. Flughafen Wien AG including its strategic foreign
investments in Malta and Kosice Airports generated passenger growth
of 3.8% compared to the previous year, handling a total of 28.9
million passengers. At its Vienna flight hub, Flughafen Wien reported
an increase of 2.5% to 23.4 million travellers, thus posting a new
passenger record in the history of Vienna Airport. Cargo volume also
developed positively in the course of the year, and expanded by 3.7%
to 282,726 tonnes. A total of 74 airlines regularly served Vienna
Airport in 2016, flying to a total of 186 destinations in 72
countries.
Strong start in 2017: Strong passenger growth in January 2017
The year 2017 is off to a good start. The Flughafen Wien Group,
including its strategic foreign investments in Malta and Kosice
Airports, reported a strong growth in passenger volume of 10.8% in
January 2017. Vienna Airport also registered a substantial rise of
7.9% in the number of passengers and handled to a total of 1.4
million.
Forecast for passenger development and financial guidance for 2017
of EUR 92.0 million in 2016, EUR 25.6 million related to investments
in the Runway System 11/29 (runway renovation), EUR 9.0 million was
for investments in connection with the 3rd Runway, EUR 2.8 million
involved new apron positions for wide-bodied aircraft and EUR 2.4
million was spent on the renovation of an operations building.
Moreover, EUR 63.7 million was invested to acquire additional Shares
in MMLC (increased of Flughafen Wien AG's share in Malta Airport).
Total investments in the year 2017 are expected to be about EUR 100
million.
Good traffic development 2016 - New passenger record at the Vienna
flight hub The year 2016 developed well from a flight traffic
perspective. Flughafen Wien AG including its strategic foreign
investments in Malta and Kosice Airports generated passenger growth
of 3.8% compared to the previous year, handling a total of 28.9
million passengers. At its Vienna flight hub, Flughafen Wien reported
an increase of 2.5% to 23.4 million travellers, thus posting a new
passenger record in the history of Vienna Airport. Cargo volume also
developed positively in the course of the year, and expanded by 3.7%
to 282,726 tonnes. A total of 74 airlines regularly served Vienna
Airport in 2016, flying to a total of 186 destinations in 72
countries.
Strong start in 2017: Strong passenger growth in January 2017
The year 2017 is off to a good start. The Flughafen Wien Group,
including its strategic foreign investments in Malta and Kosice
Airports, reported a strong growth in passenger volume of 10.8% in
January 2017. Vienna Airport also registered a substantial rise of
7.9% in the number of passengers and handled to a total of 1.4
million.
Forecast for passenger development and financial guidance for 2017
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