Dear User

Microsoft no longer supports your version of the Internet browser and no longer provides it with security updates. As a result, it is also no longer possible to use modern web technologies that are required for the Vienna Airport website you are accessing.

If you want to use this page correctly and with full functionality, please switch to a current version of your Internet browser.

If you are using Internet Explorer 10 or higher and receive this message, please deactivate the compatibility mode for our site.

Yours sincerely,

Your Vienna Airport Team

Press Releases & News

| Press releases
Business Results in 2018: Record Growth Leads to Significant Earnings Increase of the Flughafen Wien Group
  • 2018 results: REVENUE INCREASE to € 799.7 million (+6.2%)
  • NET PROFIT FOR THE PERIOD [1] up substantially to € 151.9 million (+19.7%)
  • DIVIDEND RISE proposed for 2018 to € 0.89 per share (+30.9%)
  • Earnings and traffic outlook for 2019: Net earnings up to at least € 165 million, passenger growth of 8-10% in the Group and 10% at Vienna Airport
  • Vienna Airport is the most attractive employer in Austria - threshold of 25,000 employees to be reached in 2019
  • Less energy consumption (-26.7%) and CO2 reduction per traffic unit (-65.6%) compared to 2012 despite growth
“The passenger record in 2018 served as the basis for the rise of about 20% in the net profit for the period to € 151.9 million. For this reason, we will propose to the Annual General Meeting that an increased dividend of € 0.89 per share, up 30.9% year-on-year, should be distributed. Prospects for 2019 continue to be good. We expect further growth in earnings and passenger volume. The successful reduction in net debt in recent years (down from about € 700 million to € 143 million at present) enables us to launch an investment drive. The airport as a real estate location is developing superbly. Office Park 4 will open in May 2020. It will not only give the Airport City a new look but is destined to become a centre for innovative start-ups in the eastern region of Austria. The positive development of the company has also been accompanied by increases in energy efficiency and the reduction of CO2 emissions. The latest IFES study confirms that Austrians consider Vienna Airport to be the most attractive employer”, says Günther Ofner, Member of the Management Board of Flughafen Wien AG.
“The Flughafen Wien Group achieved an all-time high in 2018, transporting more than 34 million passengers. Shopping & food and beverage also benefitted from this development, showing revenue growth of 6.0%. F&B in particular increased substantially by 10%. 2019 will also be a year of growth. Passenger volumes from long-haul flights will likely increase by 20%: new airlines such as ANA, Air Canada and China Southern as well as the expansion of existing flight connections will provide additional impetus. Short-haul and medium-haul routes, the low-cost segment and established carriers at the airport will develop positively as well. For this reason, we expect passenger numbers to rise by about 10% to approximately 30 million in Vienna and 8-10% for the Flughafen Wien Group as a whole”, explains Julian Jäger, Member of the Management Board of Flughafen Wien AG.
Significant rise in earnings to € 151.9 million.
The record number of passengers handled by the Flughafen Wien Group served as the basis for a 6.2% rise in revenue to € 799.7 million. EBITDA also climbed by 7.3% to € 350.4 million, and EBIT was up 15.1% to € 220.8 million. The net profit for the period showed substantial growth, climbing 19.7% to € 151.9 million (€ 137.3 million after non-controlling interests, up 19.6%).
  [1] Net profit for the period before non-controlling interests
Dividend proposal: +30.9% to € 0.89 per share
The Management Board will propose a 30.9% increase in the dividend to € 0.89 per share (2017: € 0.68), or a total of € 74.76 million to the Annual General Meeting scheduled for May 3, 2019. Through the employee foundation which holds 10% of the shares, all Flughafen Wien AG employees will benefit from the higher dividends, which comprise more than 80% of a monthly salary and which is also the result of their successful work. Accordingly, the dividend yield for the 2018 financial year equals about 2.6%, the payout ratio is approximately 55% and should climb to 60% in 2019.
Revenue and earnings development in the segments
Revenue in the Airport Segment rose by 6.5% year-on-year to € 392.3 million in 2018. Segment EBIT improved by 26.6% to € 103.4 million. The Handling and Security Services Segment registered a 3.3% rise in revenue to € 166.1 million. Particularly as a consequence of higher personnel expenses and after deducting depreciation and amortisation, EBIT generated by the Handling and Security Services Segment amounted to € 3.1 million, down 70.9%. This segment also includes the security services of VIAS as well as the handling services provided by Vienna Aircraft Handling (VAH) and Vienna Passenger Handling Services (VPHS). The Retail & Properties Segment reported a 5.4% rise in revenue to
€ 132.9 million. Segment EBIT totalled € 68.6 million, up 25.6%. Revenue of the Malta Segment climbed 11.9% in 2018 to € 92.2 million and segment EBIT equalled € 44.0 million, comprising an increase of 8.5%. Revenue of the Other Segments was up 2.6% in 2018 to
€ 16.2 million, whereas segment EBIT fell 62.6% to € 1.6 million.
2018: Investments of € 165.7 million – 2019: Increase to approximately € 220 million
Total investments in many ongoing projects in 2018 such as terminal development, Office Park 4 and the Environmental Fund as well as Malta Airport amounted to € 165.7 million. Investments of approx. € 220 million are planned in the year 2019.
Traffic development in 2018: New passenger record at Vienna Airport
In 2018, Vienna Airport surpassed the threshold of 27 million passengers for the first time in its history (27,037,292 passengers). This corresponds to an increase of 10.8% compared to the previous year. The Flughafen Wien Group including its strategic foreign investments in Malta Airport and Kosice Airport handled a total of 34.4 million passengers, up 11.3% year-on-year. Cargo volume rose 2.6% to 295,427 tonnes. Vienna Airport was regularly served by 74 airlines in 2018, flying to 205 destinations in 71 countries.
Good passenger development is continuing: Passenger growth in January 2019
The year 2019 has also begun favourably. The Flughafen Wien Group including its strategic foreign investments in Malta and Kosice Airport continued its good passenger development, registering a 20.0% rise in passenger volume to a total of 2.2 million. Vienna Airport handled about 1.8 million travellers in January 2019, up 24.4% from the prior-year period.
Forecast for passenger and earnings development in 2019:
Flughafen Wien Group: 8-10% passenger growth and earnings increase to € 165 mill.
The Flughafen Wien Group, including its strategic foreign investments in Malta and Kosice Airports, anticipates passenger growth of 8-10% in 2019. Accordingly, the earnings guidance for 2019 will also show a positive development. Revenue in 2019 is expected to rise to more than € 820 million, and EBITDA exceeding € 370 million is expected. From today’s perspective, the consolidated net profit after taxes should reach a level of at least € 165 million. The net debt of the company is to be further reduced below € 150 million.
Passenger volume to rise about 10% at Vienna Airport
Flughafen Wien AG expects a rise in passenger volume of about 10% in 2019. From today’s perspective, initial impetus to growth will be provided by the inauguration of flight service on new routes i.e. by Austrian Airlines to Montreal, Air Canada to Toronto, All Nippon Airways (ANA) to Tokyo-Haneda and China Southern to Guangzhou via Urumqi. The short-haul and medium-haul offering will be expanded by new destinations served by Austrian Airlines, Vueling, Wizz Air, Laudamotion, LEVEL, Royal Air Maroc and Volotea.

Preliminary Consolidated Financial Statements for 20181
Income Statement
in € million 2018 2017 Change in %
Revenue 799.7 753.2 +6.2
Other operating income 12.3 10.5 +17.2
Operating income 812.0 763.7 +6.3
Expenses for consumables and services used -42.1 -38.3 +10.1
Personnel expenses -301.5 -282.7 +6.6
Other operating expenses -121.5 -119.0 +2.1
Proportional share of income from companies recorded at equity 3.6 2.9 +24.7
Earnings before interest, taxes, depreciation and amortisation (EBITDA) 350.4 326.5 +7.3
Depreciation and amortisation -129.6 -132.4 -2.1
Impairment 0.0 -2.3 -100.0
Earnings before interest and taxes (EBIT) 220.8 191.8 +15.1
Income from investments, excluding companies recorded at equity 0.3 0.5 -38.3
Interest income 2.0 1.6 +28.0
Interest expense -15.9 -20.9 -24.3
Other financial result 1.0 0.4 n.a.
Financial result -12.5 -18.4 +32.1
Earnings before taxes (EBT) 208.3 173.4 +20.1
Income taxes -56.4 -46.5 +21.3
Net profit for the period 151.9 126.9 +19.7
Thereof attributable to:      
Equity holders of the parent 137.3 114.7 +19.6
Non-controlling interests 14.6 12.2 +20.0
Earnings per share
(in €, basic = diluted)
1.63 1.37 +19.6
1) All financial indicators refer to the preliminary results of Flughafen Wien Group for 2018.
Balance Sheet Indicators
Non-current assets 1,957.2 1,870.9 +4.6
Current assets 200.9 192.1 +4.6
Equity 1,297.0 1,211.0 +7.1
Non-current liabilities 549.3 601.3 -8.6
Current liabilities 311.8 250.7 +24.4
Total assets 2,158.1 2,063.0 +4.6
Net debt 142.5 227.0 -37.2
Gearing (in%) 11.0 18.7 -7.8p%
Cash Flow Statement
in € million 2018 2017 Change in%
Net cash flow from operating activities 291.2 277.9 +4.8
                               investing activities -198.8 -156.9 +26.7
                               financing activities -110.2 -116.5 -5.4
Free cash flow 92.4 121.0 -23.7
CAPEX1 165.7 103.6 +60.0
1) Excluding financial assets and business acquisitions
The Annual Report by Flughafen Wien AG for 2018, from January 1 to December 31,2018, will be available to the general public on the Internet at as of early April 2019. 
Vienna Airport, February 26, 2019                        The Management Board                                  

 Contact: Corporate Communications Flughafen Wien AG                 
Press Office                                                                   Investor Relations
Peter Kleemann, Company Spokesman                        Judit Helenyi
Tel.: (+43-1-) 7007-23000                                             Tel.: (+43-1-) 7007-23126
E-Mail:                       E-Mail:
Twitter:   PeterKleemannVIE