Flughafen Wien AG was able to increase sales to 2023 million euros in the 931,5 financial year. This means an increase of 34,5 percent compared to the previous period, which is mainly due to the fact that significantly more passengers used the airport.

The Ebitda is reported at 393,6 million euros, the EBIT at 261,8 million euros and the profit for the period before minorities rose to 188,6 million euros. The cash flow is estimated at 384,8 million euros. The Board of Directors will propose a dividend of €2023 per share to the Annual General Meeting for 1,32. All employees of Flughafen Wien AG also benefit from the employee foundation, which holds 10% of the shares. The dividend yield for 2023 is around 3%, the payout ratio including bonus is around 66%. The complete deleveraging of Flughafen Wien AG has created financial scope for dividends and an investment offensive.

Sales in the Airport segment increased to €2023 million compared to the previous year, mainly as a result of the significant increase in passengers in 440,1, and segment EBIT improved to €100,4 million. Sales in the Handling & Security Services segment were affected by the increase in movement driven and recorded an increase to € 165,7 million, the segment EBIT rose to € 6,1 million. In the Retail & Properties segment, sales increased in 2023 primarily due to shopping, catering and parking revenues corresponding to the number of passengers to €182,5 million and segment EBIT improved to €81,1 million.

In 2023, a total of €107,0 million (2022: €53,6 million) was invested in intangible assets, property, plant and equipment and investment properties. The largest investment projects at the Vienna location relate to the southern expansion, the taxiways, land, additional photovoltaic systems and investments for the sorter in Terminal 3. Vienna Airport is doubling its investments in a phase of weak construction to over € 200 million in 2024: This is how it is investing Airport in the construction of the southern expansion, the expansion of photovoltaic capacities, as well as a logistics center for terminal supplies, a central fast-charging station for electric vehicles and much more.

“2023 was economically successful, with an increase in sales to €931,5 million (+34,5%) and a net result of €188,6 million (+47,2%). This enables a dividend increase of 70% to €1,32 per share. As 10% co-owners, the employees of Flughafen Wien AG also benefit from this. But investments will also double to over €2024 million in 200. In order to make the airport fit for the future, an intensive construction phase with numerous projects is underway. The dynamic growth will also bring around 2024 new jobs in 1.000; as an attractive employer, the airport currently has no recruiting problems. The location is continuously growing, which is why the transport infrastructure also needs to be expanded. “What is important is the expansion of the railway to the east, a new double-track line between Vienna Central Station and the airport, but also the construction of the Lobau Tunnel,” says Günther Ofner, CEO of Flughafen Wien AG.

“A key driver for the good sales and earnings development in 2023 was the strong passenger growth. In contrast to other aviation locations, we were able to take advantage of the Corona catch-up effect on air travel thanks to our high process quality in operations. In international comparison, Vienna Airport is one of the most punctual and reliable airports and I would like to thank the entire Vienna Airport team for that. I am also optimistic for 2024: We expect a good summer of travel and around 30 million passengers for the year as a whole. We are currently expanding our shopping and dining offerings for them. In the future, we will make a leap to 5-star level with the southern terminal expansion, which will bring more comfort, additional shopping and dining options, new lounges and much more when it goes into operation in 2027,” says Julian Jäger, CEO of Flughafen Wien AG.

A total of nine new shops & restaurants will open at Vienna Airport in 2024: Veganista is opening an additional branch, the Vienna Duty Free area in Terminal 1 Shopping Plaza is receiving a generous expansion, Do&Co is opening a sports bar and a food court and Leberkaspepi will be operating a second location in the future Airport. To further improve the quality of service for passengers, Vienna Airport is building the southern terminal extension. New comfortable lounge and lounge areas, new bus gates and numerous new shopping and dining options will be created on 70.000 m². Construction work is well underway and the southern extension will go into operation in 2027.

The FWAG financial figures at a glance:

Consolidated income statement

 Balance sheet ratios

Cash flow statement