EANS-News

Flughafen Wien Group Continues Upswing: Substantial Passenger Growth and Perceptible Earnings Improvement in the First Three Months of 2017

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Quaterly Report

Wien-Flughafen -
Flughafen Wien Group Continues Upswing: Substantial Passenger Growth and
Perceptible Earnings Improvement in the First Three Months of 2017


- REVENUE increase to EUR 160.6 million (+4.3%), EBITDA rise to EUR 60.7 million
(+1.6%), EBIT improvement to EUR 26.0 million (+3.5%)

- NET PROFIT FOR THE PERIOD*) increases significantly to EUR 15.9 million
(+9.8%)

- NET DEBT further reduced to EUR 324.6 million (down EUR 30.9 million from the
end of 2016) - 2017 target already achieved

- Free cash flow of EUR 40.7 million (Q1/2016: EUR 116.2 million)

- Strong April 2017 with passenger growth of 14.6% at Vienna Airport (even
+16.8% in the Flughafen Wien Group), 6.9% rise in passenger volume at Vienna
Airport in the period January to April 2017 (even higher increase of 9.7% in the
Group)

*) Net profit for the period before non-controlling interests

Note: Q1/2016 figures adjusted; in accordance with an assessment of the Austrian
Financial Market Authority regarding the consolidation of Malta Airport, the
consolidated financial statements and consolidated interim financial statements
of Flughafen Wien AG for 2016 were restated as if Malta Airport had been
consolidated from 2006.


"The 2017 financial year has begun very well for Vienna Airport, and with Q1/
2017 we have been able to achieve substantial improvements in revenue and
earnings for the sixth straight year. The Vienna Airport site is also thriving.
The new Moxy Hotel was recently opened, the expansion of the cargo centre and
planning for Office Park 4 are in full swing, and a logistics partner will soon
begin constructing its operations centre in the immediate vicinity of the
airport. This underlines the role of the airport as a vital job creator and
driver of the economy in the entire region. The airport needs a third runway to
ensure that this will remain the case in the future", explains Günther Ofner,
Member of the Management Board of Flughafen Wien AG.

"Passenger volume at Vienna Airport is developing excellently. Following the
good level of growth in the first quarter of 2017, we recorded a strong rise of
14.6% in april in the number of passengers, which is mainly due to the new
offerings in the summer flight schedule and the Easter holidays. Flight traffic