Flughafen Wien revenue up 3.5%; Munich Airport pax rise 11.1%

• Total revenue: EUR253.2 million, +3.5% year-on-year;
  • Airport: EUR124.8 million, +17.2%;
  • Handling: EUR76.6 million, -11.2%;
  • Retail & properties: EUR44.7 million, +2.3%;
• EBITDA: EUR85.7 million, +6.9%;
  • Airport: EUR53.1 million, -0.2%;
• EBIT: EUR52.6 million, +12.7%;
  • Airport: EUR36.2 million, +1.1%;
  • Handling: EUR7.1 million, +21.6%;
  • Retail & properties: EUR22.5 million, +8.2%;
• Net profit: EUR38.1 million, +11.6%;
• Passenger numbers: 8.9 million, +5.5%;
• Cargo volume: 148,353 tonnes, +30.4%;
• Aircraft movements: 119,167, -0.2%;
• Total assets: EUR1,860 million, stable;
• Cash and cash equivalents: EUR9.0 million, +65.0%;
• Total liabilities: EUR1,068 million, +0.2%;
• Operating cash flow: EUR88.7 million, +41.9%.

Flughafen Wien: "Based on the encouraging development of business during the first six months, Flughafen Wien has adjusted its traffic forecasts for 2010 to include an increase of 6% in the number of passengers, 7% in maximum take-off weight and 1% in flight movements for the full 12 months of 2010," Company statement. Source: Flughafen Wien, 26-Aug-2010

See related CAPA profile: Financial results

Unlisted Munich Airport reported the following traffic highlight in Jul-2010:

• Passenger numbers: 3.4 million, +11.1% year-on-year;
• Cargo volume: 25,843 tonnes, + 32.1%;
• Aircraft movements: 36,081, +2.8%.

Other European airport operators that lost ground yesterday included Ferrovial (-1%) and Zurich (-0.5%). Meanwhile, Fraport (+2.8%) and Copenhagen (+0.9%) shares gained.

Selected airports daily share price movements (% change): 26-Aug-2010

Source: Centre for Asia Pacific Aviation & Yahoo! Finance