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21-Aug-2009 11:56 AM

Flughafen Wien 2Q2009 revenue down 10.3%

Austria’s Flughafen Wien Group, parent of Vienna International Airport, revenue down 10.3% - financial highlights:

  • Three months ended 30-Jun-2009:
    • Revenue: EUR123.2 million, -14.4% year-on-year;
    • Costs:
      • Labour: EUR55.0 million, -2.3%;
      • Other: EUR25.4 million, +11.7%;
    • EBITDA: EUR38.4 million, -33.3%;
    • EBIT: EUR21.6 million, -46.2%;
    • Net profit: EUR16.6 million, -44.1%;
  • Six months ended 30-Jun-2009:
    • Revenue: EUR244.6 million, -10.3% year-on-year;
      • Airport: EUR106.5 million, -3.7%;
      • Handling: EUR86.3 million, -8.7%;
      • Retail & Properties: EUR43.7 million, -5.8%;
      • Other: EUR7.9 million, -4.3%;
    • Costs:
      • Labour: EUR107.6 million, -1.0%;
      • Other: EUR44.4 million, +1.4%;
    • EBITDA: EUR80.1 million, -23.3%;
    • EBIT: EUR46.7 million, -33.2%;
      • Airport: EUR35.8 million, -27.9%;
      • Handling: EUR5.9 million, -38.8%;
      • Retail & properties: EUR20.8 million, -10.4%;
      • Other: (EUR2.2 million), compared to a loss of EUR83.8 million in the previous corresponding period;
    • Net profit: EUR34.1 million, -32.4%;
    • Passenger numbers: 8.4 million, -12.7%;
    • Cargo volume*: 106,298 tonnes, -19.0%;
    • Aircraft movements: 119,353, -10.4%. [more]
  • *Includes truck cargo

Flughafen Wien: “Preliminary traffic results for July show a further decline in all traffic segments. In comparison with July of the previous year, the number of passengers fell by 5.2%. Flight movements and maximum take-off weight (MTOW) fell by 6.8% and 4.7%, respectively. The number of passengers travelling to Eastern Europe (scheduled and charter flights) was 10.3% lower in July 2009. The other European destinations reported a decline of 1.9%, while traffic to the Middle East rose by 6.9%. For 2009 Flughafen Wien AG is forecasting a decline of 9% in the number of passengers, 8% in maximum take-off weight (MTOW) and 8% in flight movements. The number of passengers handled at Vienna International Airport is expected to reach roughly 18 million by the end of 2009,” Company statement. Source: Flughafen Wien, 20-Aug-2009.

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