Flughafen Wien Ag · VIE:FLU
Flughafen Wien — FY2013 Earnings Presentation
18 slides from Flughafen Wien's earnings presentation, January 2014
Slide 1: Traffic Results for 2013 and Outlook for the Company in 2014
FLUGHAFEN WIEN AG Traffic Results for 2013 and Outlook for the Company in 2014
Slide 2: 2013: Influenced by challenges
2013: Influenced by challenges Difficult international environment ✈Difficult operating environment for the European aviation industry – higher costs and competitive pressure on the airlines and airports ✈Challenging economic situation, high fuel costs ✈Network carriers under pressure due to strong
Slide 3: 2013: Influenced by challenges
2013: Influenced by challenges Traffic development at Vienna Airport in 2013 negatively influenced by special factors ✈Numerous flight cancellations throughout Europe due to the severe winter with heavy snowfall as well as strikes in Germany ✈Capacity reduction by the airlines & cabin renovation for
Slide 4: Traffic development at Vienna Airport in 2013
Traffic development at Vienna Airport in 2013 2013 2012 ∆ in % Passengers (in mill.) 22.00 22.17 -0.7 Local passengers (in mill.) 15.18 15.08 +0.7 Transfer passengers (in mill.) 6.79 7.05 -3.7 Flight movements (in 1,000) 231.18 244.65 -5.5 MTOW (in mill. tonnes) 7.91 8.13 -2.6 Seat occupancy (in per
Slide 5: Clear trend reversal in cargo area (in tonnes)
Clear trend reversal in cargo area (in tonnes) 2013 versus 2012 +10% in 2nd half-year 131,061 133,322 122,872 121,216 2012 2013 2012 2013 1st half-year 2nd half-year 5
Slide 6: Positiver trend in PAX development
Positiver trend in PAX development 2013 versus 2012 1.0 +0.5% 0.5 -0.1% 0.0 -0.5 -1.0 -1.7% -1.8% -1.5 -2.0 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter 6
Slide 7: Increase in aircraft size and occupancy
Increase in aircraft size and occupancy 97 130 76 111 74.8% 68.7% 2009 2010 2011 2012 2013 7
Slide 8: 71 airlines with 177 destinations in 69 countries
71 airlines with 177 destinations in 69 countries Europe -0.2% thereof 88.3% West E. thereof East E. +0.6% -2.7% Network reductions in flights to Sofia, Bucharest, Timisoara, Belgrad 68.6% 19.7% Growth to Moscow and St. Petersburg North America Far East Strong growth due to +10.0% -5.6% Decline in m
Slide 9: Share of passengers by airline
Share of passengers by airline 2013 2012 ∆ in % Share in % Share in % PAX ∆ in % Austrian Airlines Group 49.1 49.5 -1.6 Lufthansa 5.5 5.5 -0.2 Germanwings 2.7 2.2 +19.8 Swiss Intl. 1.7 1.5 +7.6 LH Group total 1) 60.5 60.8 -1.1 NIKI 11.0 12.0 -9.5 airberlin 6.1 6.3 -2.9 HG/AB Group total 17.1 18.3 -7
Slide 10: Traffic Forecast for 2014
TRAFFIC FORECAST FOR 2014 = AN Vienna WI International Airport
Slide 11: Positive outlook
Positive outlook ✈ Austrian Airlines: Start of flights to Newark, resumption of flights to Teheran, increase in flights to Chicago, Frankfurt, London ✈ NIKI: Start of flights to Madrid, Malta, Larnaca, increase in flights to Rome and destinations in Greece ✈ Furthermore: New: Manchester (Jet2.com)
Slide 12: Positive traffic forecasts for 2014
Positive traffic forecasts for 2014 2013 Forecast 2014 Passengers 22 mill. +1% to +3% Flight movements 231,000 -1% to + 1% 12
Slide 13: Development of Business in 2013 and Financial Guidance for 2014
DEVELOPMENT OF BUSINESS IN 2013 AND FINANCIAL GUIDANCE FOR 2014
Slide 14: Significant progress in all areas of the company during 2013
Significant progress in all areas of the company during 2013 ✈Despite slight decline in passenger traffic, significant improvement in the company‘s economic position – clear increase in productivity, sustainable reduction in operating, financing and personnel costs ✈Costs for Check-in 3 approx. € 10
Slide 15: Approx. €110 million of investments planned for 2014 – Airport City
Approx. € 110 million of investments planned for 2014 – Vienna Airport on the way to Airport City ✈Increased focus on location marketing and real estate strategy in 2014 – addition of new services ✈Expansion of hotel offering: nearly 60 firms interested in tender for new hotel – decision in next qua
Slide 16: Share price development since 1.1.2012 – Indexed to 100
Share price development since 1.1.2012 – investors‘ confidence returns – VIE as best performer in peer comparison 220 210 +109% 200 190 180 170 +64% 160 Indexed to 100 +58% 150 +47% 140 130 120 110 100 90 FWAG FRAPORT AEROPORT DE PARIS FLUGHAFEN ZÜRICH Share price development from 1.1.2012 to 17.1.2
Slide 17: Optimistic outlook on 2014
Optimistic outlook on 2014 Outlook on 2014 Revenue > € 630 million EBITDA > € 240 million Net profit > € 75 million Net debt < € 600 million CAPEX Approx. € 110 million 17
Slide 18: Thank you for your attention
THANK YOU FOR YOUR ATTENTION 18