Flughafen Wien Ag · VIE:FLU
Flughafen Wien — FY2022 Earnings Presentation
23 slides from Flughafen Wien's earnings presentation, Jan 19, 2023
Slide 1: Traffic Results 2022 and Business Outlook for 2023
FLUGHAFEN WIEN AG Traffic Results 2022 and Business Outlook for 2023 Press Conference, 19 January 2023
Slide 2: Traffic results: Aviation comeback in 2022 – Upswing to continue in 2023
Traffic results: Aviation comeback in 2022 – Upswing to continue in 2023 Strong growth in 2022 following two tough crisis years 23.7 million passengers at Vienna Airport, more than double prior-year passenger traffic, 30.1 million passengers in the Flughafen Wien Group (incl. Malta and Kosice airp
Slide 3: Traffic development in 2022: Growth at Vienna Airport
Traffic development in 2022: Growth at Vienna Airport Traffic development at Δ% Δ% 2022 2021 2019 Vienna Airport 2021 2019 Passengers (millions) 23.7 10.4 31.7 +127.6 -25.2 Local passengers (millions) 17.8 7.8 24.3 +126.9 -26.8 Transfer passengers (millions) 5.8 2.5 7.2 +130.3 -19.4 Flight movements
Slide 4: Traffic development in 2022: Growth in the Flughafen Wien Group
Traffic development in 2022: Growth in the Flughafen Wien Group Group passenger Δ% Δ% 2022 2021 2019 development 2021 2019 Vienna Airport (millions) 23.7 10.4 31.7 +127.6 -25.2 Malta Airport (millions) 5.9 2.5 7.3 +130.3 -20.0 Kosice Airport (millions) 0.5 0.2 0.6 +224.1 -2.8 Vienna Airport and its
Slide 5: Share held by carriers in 2022
Share held by carriers in 2022 2022 Share Passengers PAX Δ% vs. PAX Δ% vs. in % 2021 2019 1. Austrian 47.1 11,144,003 123.1 -18.5 2. Ryanair/Lauda 20.9 4,946,744 152.8 86.2 3. Wizz Air 6.8 1,600,351 77.1 -23.1 4. Turkish Airlines 2.4 574,977 80.7 4.5 5. Eurowings 2.0 482,731 156.5 -78.8 6. Lufthansa
Slide 6: Strong growth compared to 2021
Strong growth compared to 2021 Europa +119.6% thereof Western thereof Eastern 86.9% Europe Europe Growth by Austrian Airlines and Ryanair, above +126.2% +96.2% Growth by Austrian Airlines and Ryanair, above all to London, Barcelona, Paris, Frankfurt and 69.8% 17.0% all to Bucharest, Warsaw, Krakow a
Slide 7: Performance of the TOP countries in 2022
Performance of the TOP countries in 2022 Top 3 winners (change vs. 2021): Countries 01-12/21 01-12/22 Δ 2021 Δ% 2021 Top 10 countries in 2022: 1 Germany 1,490,608 3,246,405 +1,755,797 +117.8 Countries 01-12/21 01-12/22 Δ 2021 Δ% 2021 2 Spain 932,853 2,314,288 +1,381,435 +148.1 1 Germany 1,490,608 3,
Slide 8: Quality: Vienna Airport is the third most punctual European airport
Quality: Vienna Airport is the third most punctual European airport with more than 20 million passengers Most punctual airport in the Lufthansa Group, ahead of Munich, Zurich and Frankfurt 8 EU and European hub airports >20 million Pax in 2019 Source: OAG
Slide 9: Vienna Airport sets standards: Quick security checks with short waiting times
Vienna Airport sets standards: Quick security checks with short waiting times Average waiting time at security checkpoints: 4-8 minutes Waiting times: 84% < 5 minutes 98% < 10 minutes 24 security checkpoints in the terminals – new and state-of-the-art central security screening in Terminal 2 9
Slide 10: Vienna Airport granted top quality awards for 2022
Vienna Airport granted top quality awards for 2022 ACI Award as the “Best European Airport” for its high level of reliability, service quality and reduction of CO₂ emissions ASQ Award: 1st place in the categories “Best Airport by Size & Region” and “Hygiene Measures by Region” Cargo magazine P
Slide 11: Outlook for 2023: Further recovery of passenger traffic
Outlook for 2023: Further recovery of passenger traffic Growth drivers in 2023 vs. 2022: Normalisation of passenger traffic in the first half of 2023 compared to 2022, with slight growth in the second half-year. Growth also in the Middle East (Saudi Arabia, Israel and UAE) and Far East (Taiwan
Slide 12: Traffic forecast for 2023
Traffic forecast for 2023 Flughafen Wien Group: Forecast for 2019 2021 2022 2023 Passengers: 39.5 mill. 13.1 mill. 30.1 mill. 32-34 mill. Vienna Airport: 2019 2021 2022 Forecast for 2023 Passengers: 31.7 mill. 10.4 mill. 23.7 mill. 26-27 mill. 12
Slide 13: Terminal 3 Southern Enlargement project will be resumed
Improved quality and comfort: Terminal 3 Southern Enlargement project will be resumed, putting VIE in the premier league of airport terminals Passengers can expect an improved quality of stay featuring enhanced comfort and service and significant expansion of their shopping and eating experience Sou
Slide 14: Greater quality: The new “Southern Enlargement”
Greater quality: The new “Southern Enlargement” 14
Slide 15: Greater quality: The new “Southern Enlargement”
Greater quality: The new “Southern Enlargement” 15
Slide 16: Business Development and Financial Guidance for 2023
BUSINESS DEVELOPMENT AND FINANCIAL GUIDANCE FOR 2023 16
Slide 17: 2023: Vienna Airport on a success path again
2023: Vienna Airport on a success path again – Net profit for the year to increase to € 150 million, investments will double to € 135 million The company is debt-free for the first time in decades, increasing investments to approx. € 135 million. Positive outlook for 2023: 2023 revenue of approx
Slide 18: Dynamic development leads to increase in the number of employees
Dynamic development leads to increase in the number of employees Numerous business location projects at the airport from different sectors – from logistics to space technology In 2023, the number of employees at the airport will rise by at least 800 people – The staff increase in the Flughafen W
Slide 19: CO₂-neutral operations at Vienna Airport
CO₂-neutral operations at Vienna Airport Doubling of photovoltaic capacities to 45 hectares and approx. 100,000 panels will supply 40% of the airport’s entire electricity needs in the future Vienna Airport will reduce CO₂ emissions by about 60,000 tonnes annually compared to 2011 thanks to eight p
Slide 20: The AirportCity is growing dynamically but sustainably
The AirportCity is growing dynamically but sustainably: New hotel with 510 rooms about to be built Go-ahead for Austria’s fifth largest hotel located at Vienna Airport - Overnight accommodations to be expanded to 1,400 rooms New hotel with 510 rooms is arising at Vienna Airport: The “Vienna House
Slide 21: Financial guidance for 2023
Financial guidance for 2023 Outlook for 2023 Revenue Approx. € 830 million EBITDA ˃ € 325 million Group net profit ˃ € 150 million CAPEX Approx. € 135 million All planned investments will be financed via the cash flow – No plans to take out loans 21
Slide 22: Share price increase of 319% since September 2011
Share price increase of 319% since September 2011 outperforms competitors; market capitalisation of about € 2.7 billion at the end of 2022 400 350 +319% 300 250 Indexed 200 150 +136% 100 50 0 +6% -50 FWAG Fraport ZRH Share price development from 1 September 2011 to 13 January 2023 22
Slide 23: Thank you for your attention!
THANK YOU FOR YOUR ATTENTION! 23