Brief: Flughafen Wien 9M Net Profit Up At EUR 173.3 Mln

Flughafen Wien AG

16/11/2023 06:46

Nov 16 (Reuters) - FLUGHAFEN WIEN AG  VIEV.VI :
    * FLUGHAFEN WIEN AG IN Q1-3/2023 CONTINUES ON THE ROAD TO
SUCCESS:
SIGNIFICANT INCREASES IN PASSENGER VOLUMES, REVENUE AND NET
PROFIT THANKS TO ONGOING GROWTH
    * 9M REVENUE UP TO EUR 699.4 MILLION (+37.7%)
    * 9M NET PROFIT FOR PERIOD TO EUR 173.3 MILLION (+58.5%)
    * 9M EBITDA AT EUR 332.2 MILLION (+29.8%)
    * YEAR-ON-YEAR IMPROVEMENT OF 30% IN FLUGHAFEN WIEN GROUP TO
29.0
MILLION PASSENGERS, VIENNA AIRPORT AT 94% OF PRE-CRISIS LEVEL,
ENTIRE GROUP EVEN AT 96% IN OCTOBER 2023
    * 9M EBIT UP TO EUR 234.9 MILLION (+49.6%)
    * OCTOBER 2023: 3.6 MILLION PASSENGERS HANDLED BY FLUGHAFEN
WIEN
GROUP, ONLY 1% LOWER THAN PRE-CRISIS LEVEL OF OCTOBER 2019 - 2.7
MILLION PASSENGERS AT VIENNA AIRPORT, DOWN ONLY 3.8% FROM 2019
    * OCTOBER 2023 AIR CARGO BUSINESS REPORTED A VOLUME OF
21,704
TONNES, DOWN BY ABOUT 18.5% FROM PRE-CRISIS LEVEL OF OCTOBER
2019
    * "WE AFFIRM GUIDANCE PUBLISHED IN AUGUST WHICH SHOWED A
CONSIDERABLE UPWARD REVISION"
    * 12% INCREASE IN PASSENGER VOLUME IN OCTOBER 2023
    * SAYS WITH 22.5 MILLION PASSENGERS IN PERIOD JANUARY TO
SEPTEMBER
2023, TOTAL PASSENGER VOLUME WAS AT 93.9% OF RECORD YEAR 2019
    * SAYS OCTOBER 2023 PASSENGER TRAFFIC AT VIENNA AIRPORT ONLY
SLIGHTLY BELOW PRE-CRISIS LEVEL OF 2019 AT 96.2%
    * FLIGHT MOVEMENTS WERE UP TO 20,524 IN OCTOBER 2023 (+10.3%
VERSUS. OCTOBER 2022)

Source text for Eikon:  ID:nEQ7R2Qspa 
Further company coverage:  VIEV.VI 

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