Brief: Flughafen Wien Q1 Net Income Before Minorities At EUR 25.0 Mln In Q1/2023

Flughafen Wien AG

16/05/2023 06:32

May 16 (Reuters) - FLUGHAFEN WIEN AG  VIEV.VI :
    * Q1/2023: WITH 6.7 MILLION PASSENGERS IN THE GROUP,
SIGNIFICANT
IMPROVEMENT ON THE PREVIOUS YEAR, ONLY 9.3% BELOW PRE-CRISIS
LEVEL
    * Q1 GROWTH IN SALES TO € 180.4 MILLION, PROFIT FOR THE
PERIOD
ALMOST QUADRUPLED TO € 25.0 MILLION
    * GUIDANCE: FOR 2023, THE FWAG GROUP CONTINUES TO EXPECT
AROUND
32-34 MILLION PASSENGERS (VIENNA LOCATION AROUND 26-27 MILLION),
AS WELL AS REVENUES OF € 830 MILLION, AN EBITDA OF AT LEAST €
325 MILLION AND AN ANNUAL RESULT OF AT LEAST € 150 MILLION.
    * APRIL 2023: 3.2 MILLION PASSENGERS IN THE FLUGHAFEN WIEN
GROUP -
ONLY 6.3% BELOW PRE-CRISIS YEAR 2019 - 2.5 MILLION PASSENGERS AT
THE VIENNA LOCATION
    * Q1 EBITDA INCREASED TO €66.8 MILLION AND THE EBIT ROSE TO
€34.8
MILLION.
    * NET INCOME BEFORE MINORITIES INCREASED TO € 25.0 MILLION
IN
Q1/2023
    * Q1 STRONG SALES GROWTH TO € 180.4 MILLION (PLUS 62.6%)
    * THE OPERATING CASH FLOW AMOUNTS TO € 89.6 MILLION
(Q1/2022:
MINUS € 21.4 MILLION)

Further company coverage:  VIEV.VI 

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