Flughafen Wien Group with Higher Profit despite Write-Offs

Transport › Airlines & Airports ♦ Published: August 25, 2011; 11:31 ♦ (Vindobona)

Net profit increased by 13.7% to € 43.3m in the first half of 2011. The investment in Friedrichshafen Airport was written off in full.

Flughafen Wien Group with Higher Profit despite Write-Offs / Picture: © Vienna Airport / Flughafen Wien AG

The Flughafen Wien Group generated revenue of € 280.3m in the first half of 2011, which represents an increase of 10.7% over the comparable prior year period. EBITDA totaled € 98.5m (+15.0%) and EBIT € 66.0m (+25.5%) for the reporting period. After the deduction of € 14.9m in income tax expense (1-6/2010: € 11.8m), net profit for the period amounted to € 43.3m (1-6/2010: €…

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