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Vienna Airport profits up 3.5%; upgrades traffic forecast

27-Aug-2010 12:44 PM

Austria’s Flughafen Wien Group, owner of Vienna Airport, revenue up 3.5% - financial highlights for the six months ended 30-Jun-2010:

  • 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%. [more]

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