Flughafen Wien Ag · VIE:FLU
Flughafen Wien — FY2016 Earnings Presentation
18 slides from Flughafen Wien's earnings presentation, 2017
Slide 1: Traffic Results in 2016 and Business Outlook for 2017
FLUGHAFEN WIEN AG Traffic Results in 2016 and Business Outlook for 2017
Slide 2: 2016: Three records set in one year
2016: Three records set in one year ✈ Busiest day ever: 89,361 passengers on September 16, 2016 ✈ Best month ever: 2.4 million passengers in July 2016 ✈ Strongest year: 23.4 million passengers in 2016 (+2.5%) ✈ Low cost segment as a growth driver Increase of more than 800,000 passengers due to Eur
Slide 3: Traffic development 2016
Traffic development 2016 Flughafen Wien AG Traffic development 2016 2015 ∆ in % at Vienna Airport Passengers (millions) 23.35 22.78 +2.5 Local passengers (millions) 17.08 16.38 +4.3 Transfer passengers (millions) 6.17 6.30 -2.0 Flight movements (in 1,000) 226.40 226.81 -0.2 MTOW (millions of tonnes)
Slide 4: 74 airlines serve 186 destinations in 72 countries
74 airlines serve 186 destinations in 72 countries Europe +2.6% thereof Western Europe 86.7% thereof Eastern Europe Growth driven by low cost carriers such as +3.4% -0.5% Decrease especially to Russia, Eurowings, Easyjet, Transavia and Vueling 70.3% 16.4% growth to Ukrainian destinations Far East No
Slide 5: Country highlights in 2016
Country highlights in 2016 Total passengers, change vs. 2015 TOP 3 countries for growth and decrease in passenger volume 2. RUSSIA -91' Pax 2. NETHERLANDS +177' Pax (- 14.5%) (+28.0%) 1. UK +308' Pax (+28.9%) 3. SPAIN +111' Pax (+8.9%) 1. TURKEY -183‘ Pax (-17.0%) 3. EGYPT -67‘ Pax (-26.9%) Top 3 De
Slide 6: Strategic goal to expand long-haul flight service
Strategic goal to expand long-haul flight service: strong rise in passenger volume since 2011 Western Europe +13.0% Eastern Europe -3.9% North America +60.6% 7.2 7.5 7.5 7.8 7.9 8.2 2.0 2.2 2.2 2.0 1.9 1.9 326 333 299 207 212 234 2011 2012 2013 2014 2015 2016 2011 2012 2013 2014 2015 2016 Middle Eas
Slide 7: Shares of scheduled carriers
Shares of scheduled carriers 2016 Share in % Passengers PAX ∆% vs. 2015 1. Austrian 44.5 10,402,625 +0.1 2. NIKI 9.2 2,158,023 -10.5 3. airberlin 6.2 1,440,965 -1.6 4. Eurowings & Germanwings 5.5 1,275,117 +44.6 5. Lufthansa 3.9 903,585 +0.6 6. easyJet Group1 2.7 628,578 +87.0 7. British Airways 2.2
Slide 8: Traffic development in 2016 Flughafen Wien Group
Traffic development in 2016 Flughafen Wien Group Group passenger development 2016 2015 ∆ in % Vienna Airport (millions) 23.35 22.78 +2.5 Malta Airport (millions) 5.08 4.62 +10.0 Kosice Airport (millions) 0.44 0.41 +6.4 Vienna Airport and strategic investments 28.87 27.80 +3.8 (VIE, MLA, KSC) Malta A
Slide 9: Traffic forecast for 2017
Traffic forecast for 2017 Flughafen Wien Group: 2016 Forecast for 2017 Passengers 28.9 million +1% to +3% Vienna Airport: 2016 Forecast for 2017 Passengers 23.4 million 0% to +2% ✈ Crises continue – Recovery in flight traffic to Eastern Europe ✈ Ticket tax remains a competitive disadvantage ✈ Fa
Slide 10: New routes and flight service cancellations in 2017
New routes and flight service cancellations in 2017 ✈ Austrian Airlines ✈ Eurowings New: Los Angeles, Mahé (Seychelles), New: Birmingham, Brindisi, Ibiza, Burgas, Gothenburg Jerez, Kavala, Lamezia Terme, Las Increases to Cairo, Frankfurt, Palmas, Madrid, Malaga, Malta, Hamburg, Lviv, Milan, Odessa,
Slide 11: Vienna Airport is preparing for the future
Vienna Airport is preparing for the future ✈Successful completion of large-scale runway renovation 11/29 – Repair of 210,000 m², 95,000 tonnes of concrete, 270 km of cables, 15 km of conduits – securing of long-term resilience of both runways ✈Technological progress also perceptible at VIE: Airbus 3
Slide 12: Business Development and Financial Guidance for 2017
BUSINESS DEVELOPMENT AND FINANCIAL GUIDANCE FOR 2017 12
Slide 13: Meet challenges on the basis of cost efficiency and higher productivity
Meet challenges on the basis of cost efficiency and higher productivity Investments in quality and growth while maintaining the strategy to enhance productivity and reduce costs ✈€ 1.6 billion investment programme up to 2025 to ensure growth and secure employment ✈Significantly higher dividends for
Slide 14: The Airport City continues to grow
The Airport City continues to grow ✈ Successful location marketing: 12 new companies with over 600 employees located at the airport site in 12 months ✈ New services: 24/7 postal partner office, MOXY Hotel to open in March 2017, modernisation of Car Park 4 ✈ 20,000 m² new office space: Office Park 4
Slide 15: Expectations for 2017
Expectations for 2017 ✈Further increase in revenue, EBITDA and consolidated net profit, ongoing reduction in net debt ✈Significantly higher dividends for 2016 due to earnings improvement ✈Investments in quality and capacities of about € 100 million (€ 16 million for expansion of Air Cargo Center, €
Slide 16: Share price development since January 2012
Share price development since January 2012: market capitalisation over € 2 billion 400 350 +230% 300 Rebased to 100 250 +117% 200 150 +42% 100 50 FWAG ATX Benchmark (FRA, ADP, ZRH) average Share price development from January 1, 2012 to January 13, 2017 16
Slide 17: Outlook for 2017 – Further earnings improvement expected
Outlook for 2017 – Further earnings improvement expected Outlook 2017 (Outlook 2016) Revenue > € 740 million (> € 725 million) EBITDA > € 315 million (> € 310 million) Consolidated net profit > € 120 million (≥ € 115 million) Net debt < € 350 million (≤ 400 million) CAPEX > € 100 million (
Slide 18: Thank you for your attention!
THANK YOU FOR YOUR ATTENTION! 18