Flughafen Wien AG Reports a Positive First Quarter of 2024: Increase in
passenger traffic, revenue and earnings

EQS-News: Flughafen Wien AG / Key word(s): Quarterly / Interim Statement
Flughafen Wien AG Reports a Positive First Quarter of 2024: Increase in
passenger traffic, revenue and earnings

16.05.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Flughafen Wien AG Reports a Positive First Quarter of 2024:

Increase in passenger traffic, revenue and earnings

  * Strong passenger growth in Q1/2024: 7.6 million passengers in the
    Flughafen Wien Group (+13.8%)

  * Financial performance indicators in Q1/2024: Revenue up 16.6% to EUR 210.3
    million and Group net profit for the period improvement to EUR 37.2
    million (+48.9%), EBITDA rise of 19.0% to EUR 79.5 million, and EBITDA
    increase of 33.6% to EUR 46.5 million

  * April 2024: 3.4 million passengers in the Flughafen Wien Group - 2.6
    million passengers handled by Vienna Airport

  * Guidance for 2024: 39 million passengers expected in the Flughafen Wien
    Group and about 30 million at Vienna Airport, along with a slightly
    higher financial guidance with revenue of over

EUR 1 billion, EBITDA of more than EUR 400 million and a Group net profit of at least EUR 220 million.

"Flughafen Wien AG is investing heavily in future growth - CAPEX of over EUR
200 million in 2024"

"The ongoing desire to travel, successful business location projects, a
positive financial result and a high level of cost discipline contributed to
a significant improvement in revenue and earnings of Flughafen Wien AG in
Q1/2024. We anticipate future growth, which is why we are making massive
investments to the amount of over EUR 200 million in 2024, a figure which will
increase in the coming years. As a debt-free company, we can finance these
investments e.g., the Southern Expansion terminal project, expansion of
photovoltaic facilities by 13 MW and a fast electric charging station, from
our own cash flow without incurring any new debt. Innovative business
location projects such as Enpulsion, an Austrian company producing satellite
propulsion engines, and the European Space Agency, are pointing the right
way into the future," states an optimistic Dr. Günther Ofner, joint CEO and
CFO of Flughafen Wien AG.

"Extensive offering of destinations and flights should trigger a strong
summer travel season"

"The first quarter of the year went extremely well. The desire to travel
continued unabated in the first three months of this year. The increased
passenger traffic of 11.0% at Vienna Airport and 13.8% in the Flughafen Wien
Group is significantly driving revenue and earnings development. The
extensive offering of destinations and flights should result in a strong
summer travel season. The upcoming Whitsun weekend is a good indicator of
this. We expect about 360,000 passengers in the period from 18th to 20th of
May. We are well positioned in terms of our flight operations, and our
airport team is in full action to ensure that we offer travellers the best
quality of service. The new Southern Expansion Terminal project will provide
a major boost for an even better airport experience. Construction work is
already in fully swing. Starting in 2027, we will make more leisure areas
and an extended shopping and gastronomical offering available to passengers
over 70,000 m², along with new lounges, more security checkpoints and many
other additional features," says Mag. Julian Jäger, joint CEO and COO of
Flughafen Wien AG.

January to March 2024: 5.9 million passengers at Vienna Airport - 7.6
million passengers in the Flughafen Wien Group

Passenger traffic at Vienna Airport increased in the first quarter of 2024
compared to the first quarter of 2023. From January to March 2024, the
Flughafen Wien Group (Vienna Airport and the international strategic
investments Malta Airport and Kosice Airport) reported a rise in passenger
traffic in the period January-March 2024 to a total of 7,580,972 travellers,
comprising a rise of 13.8%. Vienna Airport registered an increase in the
number of passengers it handled to 5,910,251 (+11.0%). The number of flight
movements climbed to 46,294 take-offs and landings in the period January to
March 2024. The average seat load factor in the first three months of the
year equalled 76.5%, comprising a further increase of 0.9 percentage points
from the prior-year level. Cargo volume (air cargo and trucking) climbed
15.6% to 68,058 tonnes. Passenger traffic at Malta Airport amounted to
1,573,712 travellers in Q1/2024 (+26.3%). Kosice Airport showed a 6.5%
increase to 97,009 passengers. Both of Flughafen Wien AG's foreign strategic
investments recorded higher passenger volumes over the last months than in
the comparable period of 2023.

Q1/2024: Strong revenue increase to EUR 210.3 million (+ 16.6%) and increase
in the Group net profit to EUR 37.2 million

In Q1/2024, the Flughafen Wien Group generated revenue of EUR 210.3 million,
comprising a year-on-year increase of 16.6%. EBITDA rose to EUR 79.5 million
compared to the previous year, whereas EBIT climbed to EUR 46.5 million. The
net profit for the period before non-controlling interests rose to EUR 37.2
million in Q1/2024. The cash flow from operating activities totalled EUR 68.2
million (Q1/2023: EUR 89.6 million), taking into account earlier payments made
for incentives compared to the previous year.

Revenue and earnings development in the segments

Q1/2024 revenue of the Airport Segment climbed from the prior-year period to
EUR 98.0 million, and segment EBIT improved to EUR 18.6 million. The Handling
and Security Services Segment registered higher revenue of EUR 39.7 million
compared to Q1/2023, whereas segment EBIT equalled minus EUR 0.3 million. This
segment also includes the security services of VIAS as well as the handling
services provided by Vienna Aircraft Handling (VAH) and Vienna Passenger
Handling Services (VPHS). The Retail & Properties Segment reported a rise in
revenue in Q1/2024 to EUR 41.4 million. EBIT of this segment climbed to EUR 16.2
million. Revenue of the Malta Segment was up to EUR 25.7 million in Q1/2024
compared to the prior-year period. Segment EBIT totalled EUR 10.8 million.

Capital expenditure
A total of EUR34.9 million was invested in intangible assets and property,
plant and equipment as well as investment property in the first three months
of 2024 (Q1/2023: EUR 15.2 million). The largest investment projects at Vienna
Airport included EUR 12.3 million for the Southern Expansion project. A total
of EUR 15.6 million was invested at Malta Airport in the first three months of
2024.

Forecast for passenger development in 2024: Approx. 39 million passengers
expected in the Flughafen Wien Group and about 30 million at Vienna Airport

2024 will see a further upward development of passenger volumes. About 30
million passengers are expected at Vienna Airport in the entire year 2024
and approx. 39 million in the Flughafen Wien Group (including Malta and
Kosice airports).

Slightly improved financial guidance 2024

The Flughafen Wien Group expects total revenue to amount to more than EUR 1.0
billion by the end of the year, as well as EBITDA of over EUR 400 million and
a Group net profit for the year before non-controlling interests of at least
EUR 220 million. Total investments are expected to surpass the level of EUR 200
million. The current passenger and financial guidance is based on the
assumption that there will not be any additional adverse geopolitical
effects or massive restrictions on flight traffic.

Traffic development in April 2024: The upward trend continues

Flughafen Wien Group: 3.4 million passengers in April 2024

In April 2024, the Flughafen Wien Group (Vienna Airport, Malta Airport and
Kosice Airport) reported a rise in passenger traffic to 3,423,209 travellers
(+6.5% vs. April 2023).

Vienna Airport: 2.6 million passengers in April 2024

Passenger volume at Vienna Airport in the month of April 2024 also improved
compared to the previous year, with the number of passengers up to a total
of 2,610,171 travellers (+5.9%).

Traffic results in detail

The number of local passengers at Vienna Airport in April 2024 climbed 7.0%
from the previous year to 2,026,385 travellers, whereas transfer passenger
traffic rose 1.9% to 574,986. The number of flight movements in April 2024
rose to 19,815 (+6.2% vs. April 2023). Cargo volume at Vienna Airport was up
by 15.6% to 23,890 tonnes vs. the prior-year month (April 2023).

The total number of passengers at Vienna Airport flying to destinations in
Western Europe in April 2024 climbed to 918,261 (+8.8% from April 2023),
whereas Eastern European traffic in April 2024 rose to 208,807 passengers
(+5.5%). Passenger traffic to North America equalled 33,638 travellers, up
1.1% from the prior-year month, and the number of passengers flying to
Africa decreased to 28,476 (-8.3%). Passenger volume to the Middle East
totalled 63,614 travellers in April 2024 (-22.8%), and the number of
passengers flying to Far East destinations climbed to 38,758 (+12,6%).

Malta Airport reported an increase in passenger volume in the month of April
2024 to 774,562 travellers
(+9.3%). In contrast, Kosice Airport showed a decline in passenger volume to
38,476 (-7.6%).

Details on traffic results can be found in the table below.

Disclaimer

All statements made in this press release that refer to future developments
of Flughafen Wien AG/Flughafen-Wien-Group are based on current assumptions
and forecasts of the management. If the premises for these forecasts do not
occur or risks indicated in the risk report arise, actual results may vary
from these estimates. Despite the utmost care, all forward-looking
statements are therefore made without guarantee and Flughafen Wien
AG/Flughafen-Wien-Group assumes no obligation to update these
forward-looking statements or to conform them to future events or
developments.

Traffic development April 2024


Vienna Airport (VIE)

                                  04/2024  Diff. %    01-04/2024      Diff. %
                                              2023                       2023
  Passengers arr+dep+transit    2,610,171     +5.9     8,520,734         +9.4
  Local passengers arr+dep      2,026,385     +7.0     6,749,297        +10.9
  Transfer passengers arr+dep     574,986     +1.9     1,742,420         +3.7
  Flight movements arr+dep         19,815     +6.2        66,109         +6.4
  Cargo arr+dep (in tonnes)        23,890    +15.6        91,948        +15.6
  MTOW (in tonnes)                836,651     +7.7     2,852,194         +9.7

  Malta Airport (MLA, fully
  consolidated)

                                  04/2024  Diff. %    01-04/2024      Diff. %
                                              2023                       2023
  Passengers arr+dep+transit      774,562     +9.3     2,348,274        +20.2
  Local passengers arr+dep        773,540     +9.8     2,343,691        +20.4
  Transfer passengers arr+dep       1,020    -74.4         4,534        -42.9
  Flight movements arr+dep          5,127     +9.6        15,882        +17.6
  Cargo arr+dep (in tonnes)         1,803    +38.9         6,713        +13.6
  MTOW (in tonnes)                198,202     +8.8       623,482        +17.5

  Flughafen Kosice (KSC,
  consolidated at equity)

                                  04/2024  Diff. %    01-04/2024      Diff. %
                                              2023                       2023
  Passengers arr+dep+transit       38,476     -7.6       135,822         +2.3
  Local passengers arr+dep         38,476     -7.6       135,822         +2.3
  Transfer passengers arr+dep           0     n.a.             0         n.a.
  Flight movements arr+dep            333     +1.8         1,164        +11.3
  Cargo arr+dep (in tonnes)             0    > 500             1        > 500
  MTOW (in tonnes)                  8,399    -16.2        33,573         +2.2

  Vienna Airport and strategic
  investments (VIE, MLA, KSC)

                                  04/2024  Diff. %    01-04/2024      Diff. %
                                              2023                     2023
  Passengers arr+dep+transit    3,423,209     +6.5    11,004,830        +11.4
  Local passengers arr+dep      2,838,401     +7.5     9,228,810        +13.0
  Transfer passengers arr+dep     576,006     +1.3     1,746,954         +3.4
  Flight movements arr+dep         25,275     +6.8        83,155         +8.4
  Cargo arr+dep (in tonnes)        25,693    +17.0        98,662        +15.5
  MTOW (in tonnes)              1,043,252     +7.7     3,509,249        +10.9

Note: Total number of passengers includes local, transfer and transit
passengers,

Traffic data adjusted.

Consolidated Income Statement

   in EUR million                                             Q1/20-    Q1/20-
                                                                24        23
   Revenue                                                   210.3     180.4
   Other operating income                                      3.3       2.9
   Operating income                                          213.6     183.3

   Expenses for consumables and services used                -14.9     -17.7
   Personnel expenses                                        -89.1     -75.7
   Other operating expenses                                  -30.1     -23.2
   Impairment/reversals of impairments on receivables          0.2       0.1
   Proportional share of income from companies recorded       -0.3      -0.0
   at equity
   Earnings before interest, taxes, depreciation and          79.5      66.8
   amortisation (EBITDA)

   Depreciation and amortisation                             -33.0     -32.0
   Earnings before interest and taxes (EBIT)                  46.5      34.8

   Income from investments, excluding companies recorded       3.6       2.0
   at equity
   Interest expense                                           -0.6      -3.2
   Other financial result                                      0.7       0.3
   Financial result                                            3.8      -0.9

Earnings before taxes (EBT) 50.3 33.9

   Income taxes                                              -13.2      -9.0
   Net profit for the period                                  37.2      25.0

   Thereof attributable to:
   Equity holders of the parent                               33.5      23.0
   Non-controlling interests                                   3.6       2.0

Earnings per share (in EUR, basic = diluted) 0.40 0.27
Balance Sheet Indicators

     in EUR million               31.3.2024    31.12.2023
     ASSETS:
     Non-current assets           1,664.1       1,662.7
     Current assets                 556.0         531.7

     LIABILITIES:
     Equity                       1,593.0       1,556.4
     Non-current liabilities        290.2         292.6
     Current liabilities            337.0         345.4

Total assets 2,220.1 2,194.4

Net liquidity 393.3 361.9
Cash Flow Statement

     in EUR million                               Q1/2024    Q1/2023
     Net cash flow from operating activities       68.2       89.6
     investing activities                         -72.2     -153.0
     Financing activities                          -0.0       -0.0

Free cash flow -4.1 -63.3

CAPEX1 34.9 15.2
1) Excluding financial assets

The Annual Report and Financial Report of Flughafen Wien AG for 2024 from
January 1 to March 31, will be available to the general public on the
Internet at

http://viennaairport.com/en/company/investor_relations/publications_and_reports.

Vienna Airport, 16th of May 2024 The Management Board

Contact: Corporate Communications of Flughafen Wien AG

Press Office
Peter Kleemann, Company Spokesman
Tel.: (+43-1-) 7007-23000
E-Mail: p.kleemann@viennaairport.com

Investor Relations
Bernd Maurer
Tel.: (+43-1-) 7007-23126
E-Mail: b.maurer@viennaairport.com

Website: www.viennaairport.com

www.facebook.com/flughafenwien

twitter.com/flughafen_wien

www.instagram.com/vienna_airport

www.linkedin.com/company/vienna-international-airport


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16.05.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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   Language:       English
   Company:        Flughafen Wien AG
                   Postfach 1
                   1300 Wien-Flughafen
                   Austria
   Phone:          +43-1-7007/23126
   Fax:            +43-1-7007/23806
   E-mail:         investor-relations@viennaairport.com
   Internet:       http://www.viennaairport.com
   ISIN:           AT00000VIE62
   WKN:            A2AMK9
   Indices:        ATX PRIME
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Munich, Stuttgart, Tradegate
                   Exchange; London, Nasdaq OTC, Vienna Stock Exchange
                   (Official Market)
   EQS News ID:    1904275

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1904275 16.05.2024 CET/CEST