Vienna International Airport Soars in Q1 2024: Surge in Passengers, Revenue & Earnings

• Flughafen Wien AG reports a positive first quarter of 2024 with strong passenger growth of 7.6 million passengers in the Flughafen Wien Group, a 13.8% increase.
• Financial performance indicators in Q1/2024 show revenue up 16.6% to € 210.3 million and Group net profit for the period improvement to € 37.2 million (+48.9%), EBITDA rise of 19.0% to € 79.5 million, and EBITDA increase of 33.6% to € 46.5 million.
• In April 2024, the Flughafen Wien Group handled 3.4 million passengers – 2.6 million passengers handled by Vienna Airport.
• The company is investing heavily in future growth with a CAPEX of over € 200 million in 2024, including the Southern Expansion terminal project, expansion of photovoltaic facilities by 13 MW and a fast electric charging station.
• The guidance for 2024 expects 39 million passengers in the Flughafen Wien Group and about 30 million at Vienna Airport, along with a slightly higher financial guidance with revenue of over € 1 billion, EBITDA of more than € 400 million and a Group net profit of at least € 220 million.
• In April 2024, the Flughafen Wien Group reported a rise in passenger traffic to 3,423,209 travellers (+6.5% vs. April 2023), and Vienna Airport saw an increase in passenger volume to 2,610,171 travellers (+5.9%).

The next important date, Quarterly report, at Vienna International Airport is on 16.05.2024.

The price of Vienna International Airport at the time of the news was 49,10EUR and did not change compared to the previous day.
25 minutes after the article was published, the price was 49,05EUR this corresponds to a minus of -0,10 % since publication.

Vienna International Airport

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ISIN:AT00000VIE62WKN:A2AMK9

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