Vienna Airport Issues Profit Warning

Central- & Eastern Europe › Slovakia ♦ Published: November 18, 2011; 12:25 ♦ (Vindobona)

Non-recurring effects and impairment charges of € 74m have a negative effect on results for the first nine months of 2011; preliminary net profit for the period falls to € 20m.

Vienna Airport Issues Profit Warning / Picture: © Vienna Airport / Flughafen Wien AG

In connection with the preparation of the financial statements for the third quarter, the management board of Flughafen Wien AG has determined the following on November 18, 2011:

The impairment charges and non-recurring effects of approx. € 74 million are attributable to the terminal extension Skylink, the investment in Košice Airport and an…

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