Brief: Flughafen Wien H1 Net Profit Up At EUR 82.7 Mln

Flughafen Wien AG

17/08/2023 06:35

Aug 17 (Reuters) - FLUGHAFEN WIEN AG  VIEV.VI :
    * SIGNIFICANT GROWTH IN PASSENGER TRAFFIC, REVENUE AND NET
PROFIT
IN H1/2023
    * IN H1/2023: REVENUE UP TO EUR 428.1 MILLION (+45.3%)
    * GUIDANCE: APPROX. 36.5 MILLION PASSENGERS EXPECTED IN
FLUGHAFEN
WIEN GROUP (ABOUT 28.5 MILLION AT VIENNA AIRPORT) AS WELL AS A
CONSIDERABLE INCREASE IN EBITDA AND NET PROFIT COMPARED TO
ORIGINAL OUTLOOK
    * H1 NET PROFIT FOR PERIOD TO EUR 82.7 MILLION (+58.0%)
    * H1 EBITDA AT EUR 177.4 MILLION (+23.9%) AND EBIT UP TO EUR
112.6
MILLION (+48.5%)
    * JULY 2023: 4.1 MILLION PASSENGERS HANDLED BY FLUGHAFEN
WIEN
GROUP, ALREADY 0.8% ABOVE PRE-CRISIS LEVEL OF JULY 2019
    * NUMBER OF LOCAL PASSENGERS AT VIENNA AIRPORT IN JULY 2023
INCREASED YEAR-ON-YEAR TO 2,394,120 (+18.5%), WHEREAS NUMBER OF
TRANSFER PASSENGERS FELL 0.4% TO 741,754
    * FLIGHT MOVEMENTS AT VIENNA AIRPORT WERE UP TO 21,779 IN
JULY
2023 (+12.7% VERSUS. JULY 2022)
    * AIR CARGO BUSINESS AT VIENNA AIRPORT REPORTED A VOLUME OF
20,546
TONNES, DOWN ONLY 12.0% FROM PRE-CRISIS LEVEL OF JULY 2019
    * 2023 CAPITAL EXPENDITURE SHOULD BE LOWER AT APPROX. EUR
100
MILLION THAN IN EARLIER FORECAST OF ABOUT EUR 135 MILLION

Source text for Eikon:  ID:nEQ7Tmp5Qa 
Further company coverage:  VIEV.VI 

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