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Vienna International Airport Posts Fall in Profits

Published: March 21, 2012; 11:16 · (Vindobona)

EBITDA increases 12.4% to € 189.0m. Net profit declines to € 31.6m due to previously announced special effects. VIA´s management gives a positive outlook for 2012.

Vienna International Airport Posts Fall in Profits / Picture: © Vienna International Airport

Revenue recorded by the Flughafen Wien Group rose by 9.0% to € 582.0m in 2011, and EBITDA increased 12.4% to € 189.0m. As expected, previously announced impairment charges and non-recurring effects reduced net profit to € 31.6m (-58.3%), while EBIT amounted to € 67.2m (-34.3%). The EBITDA margin improved from 31.5% in the previous year to 32.5%.

“The operating business…

This article includes a total of 590 words.

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