Flughafen Wien AG (0RHU) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

good afternoon ladies and gentlemen welcome to the conference call through the h1 results of uh vienna airport uh his call is recorded a replay of the conference call will be online roundabout right after uh the session with me cfo and co-coo mr Ofner and co-CEO and COO Julian Jaeger. As always, CFO Ofner is first presenting about the financials and later Mr. Jaeger taking over about the operating part of our business. And so I hand over to you, Mr. Ofner. Yeah, good afternoon to all of you. Today we published our results for the first six months of 2025. And as you might have seen in the presentation, revenues went up 7.4%. Net profit went up 6.2%. EBITDA was up 3.3%. And This comparison already shows that we lost some productivity in regard of our EBITDA margin, mainly due to high cost increases over the board, but especially personal expenses, as we will see On the other hand, we saw a positive contribution above expectations from Malta, which still is fastly growing, and especially from financial results, which have been clearly better in the first half of 2025. as expected. For 26, we see some fundamental change in regard of the fact that the COVID special regulation is expiring in regard of airport tariffs and the Uh, formula, which is stipulated in the law kicks in again. And this will result in an expected reduction of passenger charges of around 4.6%. And for landing fees by around the minus 2.15%. Uh, to. meet this challenge we will have to undergo a program of cost reduction and efficiency improvement throughout all parts of our company and we are quite optimistic that we can offset the major part of the tariff issue uh by improving productivity and efficiency so following uh following this first information you find the details in regard of the earnings i...