Flughafen Wien AG reports EUR108.6m EBITDA in 1Q2016

Flughafen Wien AG revenue up 1% - financial highlights for three months ended 31-Mar-2016:

• Total revenue: EUR142.7 million, +1.4% year-on-year;
• • Airport: EUR74.0 million, +4.3%;
  • Handling: EUR35.8 million, +1.7%;
  • Retail and properties: EUR28.5 million, -7.7%;
• EBITDA: EUR108.6 million, +97.0%;
• Net profit: EUR66.6 million, +374%;
• Passenger numbers: 4.4 million, +2.3%;
• Aircraft movements: 48,830, -1.7%;
• Total assets: EUR2259 million;
• Cash and cash equivalents: EUR66.7 million;
• Total liabilities: EUR1048 million. [more - original PR]

Flughafen Wien: "The strong growth of the low cost segment at the Vienna hub is particularly noteworthy. Developments in recent months, such as the crisis situation in Russia, the events in Paris and Brussels and the related restrained booking behavior for several destinations such as Turkey, Greece, Egypt and Belgium impact the aviation sector in general and thus also affect Vienna Airport. Nevertheless, from today's perspective we are optimistic to be able to fulfill our traffic forecasts for 2016," Julian Jäger, Member of the Management Board. Source: Company statement, 18-May-2016.