Moderate Increase in Results at VIA

CompaniesTransport ♦ Published: May 23, 2012; 09:55 ♦ (Vindobona)

Vienna International Airport increases revenue and earnings in the first quarter of 2012. The management raises the annual forecast for passenger traffic and after-tax profit.

Moderate Increase in Results at VIA / Picture: © Austrian Airlines

In the first quarter of 2012 the Flughafen Wien Group recorded a strong improvement in all relevant indicators. Revenue rose by 5.7% to € 139.0m and EBITDA by a sound 12.6% to € 49.8m. EBIT increased by 8.5% to € 30.4m and net profit for the period by 9.1% to € 21.6m. Earnings per share for the first quarter equalled € 1.03, compared with € 0.94 in the first quarter of…