Picture of Flughafen Zuerich AG logo

FHZN Flughafen Zuerich AG News Story

0.000.00%
ch flag iconLast trade - 00:00
IndustrialsConservativeLarge CapHigh Flyer

Brief: Flughafen Zuerich FY Revenue At CHF 1.33 Bln

March 7 (Reuters) - FLUGHAFEN ZUERICH AG FHZN.S:

FY CONSOLIDATED RESULT INCREASED TO CHF 327 MILLION (PREVIOUS YEAR CHF 304 MILLION)

FLIGHT OPERATIONS CHARGES ROSE BY CHF 40.8 MILLION OR 8% TO CHF 580.1 MILLION IN YEAR UNDER REVIEW

31.2 MILLION PASSENGERS FLEW THROUGH ZURICH AIRPORT IN 2024

AROUND 32 MILLION PASSENGERS ARE EXPECTED AT ZURICH AIRPORT IN CURRENT YEAR, WHICH WOULD BE A NEW RECORD

FY REVENUE OF CHF 1,326 MILLION WAS EARNED IN 2024 (+7% COMPARED TO 2023)

OUTLOOK 2025: AVIATION REVENUES WILL MOVE IN LINE WITH TRAFFIC GROWTH

FY EBITDA ROSE COMPARED TO THE PREVIOUS YEAR BY 8% TO CHF 733 MILLION

OUTLOOK 2025: ZURICH AIRPORT LTD. EXPECTS EARNINGS BEFORE INTEREST, TAXES, DEPRECIATION AND AMORTISATION (EBITDA) IN 2025 TO BE ROUGHLY ON SAME LEVEL AS PREVIOUS YEAR

OUTLOOK 2025: INVESTMENTS AT ZURICH SITE ARE EXPECTED TO AMOUNT TO BETWEEN CHF 300 AND 350 MILLION IN 2025

ORDINARY DIVIDEND OF CHF 4.30 PER SHARE AND AN ADDITIONAL DIVIDEND OF CHF 1.40 PER SHARE

A NEW DIVIDEND POLICY WILL COME INTO EFFECT FROM FINANCIAL YEAR 2025

PAYOUT RATIO SHOULD BE AROUND 50% OF NET PROFIT (CONSOLIDATED PROFIT) ADJUSTED FOR ONE-OFF EFFECTS

Further company coverage: FHZN.S

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Flughafen Zuerich AG

See all news