Brief: Flughafen Wien Expects Around 28.5 Mln Passengers At Vienna Airport

Flughafen Wien AG

02/08/2023 17:13

Aug 2 (Reuters) - FLUGHAFEN WIEN AG  VIEV.VI :
    * NOW EXPECTS EBITDA SIGNIFICANTLY HIGHER (NOT 'AT LEAST')
THAN
EUR 325 MILLION FORECAST BEFORE
    * NOW EXPECTS NET PROFIT BEFORE MINORITIES SIGNIFICANTLY
HIGHER
THAN EUR 150 MILLION FORECAST BEFORE (SPECIFIES 'SIGNIFICANTLY
HIGHER')
    * FLUGHAFEN WIEN AG: UPDATE OF GUIDANCE 2023
    * FLUGHAFEN WIEN AG NOW EXPECTS APPROX. 28.5 MILLION
PASSENGERS AT
VIENNA AIRPORT (PREVIOUSLY 26-27 MILLION)
    * ALSO EXPECTS SIGNIFICANTLY HIGHER REVENUE AND A
SIGNIFICANT
INCREASE IN EBITDA AND PROFIT FOR PERIOD COMPARED TO GUIDANCE OF
19 JANUARY 2023 (GUIDANCE AS OF 19 JANUARY 2023: REVENUE AROUND
EUR 830 MILLION
    * INVESTMENT VOLUME SHOULD BE LOWER THAN IN PREVIOUS
FORECAST
(AROUND EUR 135 MILLION) AT AROUND EUR 100 MILLION
    * AS A RESULT, MANAGEMENT ALSO EXPECTS SIGNIFICANTLY HIGHER
REVENUE AND A SIGNIFICANT INCREASE IN EBITDA AND PROFIT FOR
PERIOD COMPARED TO GUIDANCE OF 19 JANUARY 2023
    * ADJUSTED VALUES ARE BASED ON ASSUMPTION THAT WAR IN
UKRAINE AND
OTHER GEOPOLITICAL TENSIONS WILL NOT HAVE A SIGNIFICANT IMPACT
ON TRAVEL DURING REST OF YEAR AND THAT THERE WILL BE NO NEW
PANDEMIC-RELATED RESTRICTIONS.

Further company coverage:  VIEV.VI 

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