Vienna Airport – Decline in Net Profit Due to Special Effects

Other Countries ♦ Published: November 24, 2011; 10:20 ♦ (Vindobona)

Results were burdened by impairment charges and non-recurring effects relating to the Skylink terminal extension and the investment in Košice Airport. Net profit amounted to € 20.2m.

Vienna Airport – Decline in Net Profit Due to Special Effects / Picture: © Vienna Airport / Flughafen Wien AG

The Flughafen Wien Group today reported detailed results for the first three quarters of 2011. Revenue amounted to € 435.3m, an increase of 9.4% over the comparable prior year period. The impairment charges and non-recurring effects occurring in the third quarter of 2011 amount to approx. € 74m and involve identified damages in the VIE-Skylink, the investment in Košice Airport…