During the year, the company’s revenue was €692.7m, showing a 70.2% increase from €407.0m in 2021.
Revenues of the Flughafen Wien’s airport segment grew by 89.3% to €321.0m while the handling and security services segment posted a 32.3% revenue rise to €124.9m.
The net profit of the operator increased significantly to €128.1m over the year, compared to €6.6m in 2021.
The company earnings before interest, taxes, depreciation and amortisation (EBITDA) almost doubled to €295.9m in 2022.
Flughafen Wien management board member Günther Ofnern said: “Vienna Airport is once again demonstrating its strength following the Covid-19 downturn – strong growth in all areas – safeguarding the stock market listing is an important corporate objective
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
“About €800m in debt could be eliminated since 2011, and the company achieved net debt-free status in 2022.
“These good business results will serve as the basis for a clear growth path based on higher investments, which should equal about €135m, alongside the dynamic growth of AirportCity.”
In fiscal 2023, Flughafen Wien expects net profit to improve to more than €150m and EBITDA of at least €325m. It expects revenue of approximately €830m.
Flughafen Wien management board member Julian Jäger said: “The strong passenger volume of 2022 will continue into 2023. We expect the total number of passengers to equal about 26-27 million at Vienna Airport and 32-34 million in the entire Flughafen-Wien-Group.
“Up to 190 destinations will be directly reached from Vienna, including many new short-haul and medium-haul destinations to European cities and the Mediterranean region. Long-haul flight service is also making a strong comeback again, as reflected in the new flight connection to Delhi and increased frequencies to Africa, Asia and Canada.”