Flughafen Wien EBITDA up 1% in 1Q2015, confirms 2015 outlook

Flughafen Wien AG revenue up 1% - financial highlights for three months ended 31-Mar-2015:

• Revenue: EUR140.7 million, +0.9% year-on-year;
• • Airport: EUR70.9 million, +0.9%;
  • Handling: EUR35.2 million, -0.3%;
  • Retail and properties: EUR30.9 million, +3.1%;
• EBITDA: EUR54.0 million, +1.4%;
• Net profit: EUR14.1 million, +15.4%;
• Capital expenditure: EUR17.0 million, +68.3%;
• Passenger numbers: 4.3 million, -2.8%;
• Cargo volume: 63,311 tonnes, -1.2%;
• Aircraft movements: EUR49,658, -3.0%;
• Total assets: EUR1875 million;
• Total liabilities: EUR908.2 million. [more - original PR]

Flughafen Wien AG: "Flughafen Wien AG also feels the impact of developments related to the crisis situations prevailing in Russia and the Ukraine and the reduction in the flight offering on the part of several airlines. Nevertheless, revenue and net profit could be improved in the first quarter of the year. This shows that we are on the right track with our strategy designed to reduce costs and increase productivity. For this reason, from today's perspective we will also reach our earnings targets for 2015, namely to further raise revenue and the consolidated net profit for the period," Günther Ofner, Member of the Management Board. Source: Company statement, 19-May-2015.