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Vienna Airport H1 core profit up 3.9 pct as passenger numbers rise
August 22, 2017 / 6:22 AM / a month ago

Vienna Airport H1 core profit up 3.9 pct as passenger numbers rise

VIENNA, Aug 22 (Reuters) - Vienna Airport posted a 3.9 percent increase in its core first-half profit as Eurowings, Austrian Airlines and easyJet attracted more passengers in the first half.

The group, which is fighting a court battle to be allowed to build a third runway, posted earnings before interest, tax, depreciation and amortisation (EBITDA) of 157.9 million euros ($186.3 million) for the January-June period.

Vienna Airport increased its full-year forecast for passenger growth and now expects to serve more than 5 percent more passengers than in 2016 after previously forecasting an increase of up to 3 percent, it said on Tuesday.

Full-year net profit should be “clearly above the prior-year level”, the group said.

$1 = 0.8475 euros Reporting by Kirsti Knolle; Editing by Edmund Blair

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