FLUGHAFEN WIEN AG. Traffic Results 2015 and Business Outlook for 2016

Transcription

1 FLUGHAFEN WIEN AG Traffic Results 2015 and Business Outlook for 2016

2 2015: New passenger record at Vienna Airport All-time high passenger volume of 22.8 million (+1.3%) Effects of crisis in Eastern Europe more than compensated by growth in flight traffic to North America, Middle East and Far East Vienna Airport s long-haul strategy is successful! Vienna Airport in the premier league: 4-Star ranking and Best Airport Staff Europe 2

3 Traffic development of Vienna Airport in in % Passengers (in million) Local passengers (in million) Transfer passengers (in million) Flight movements (in 1,000) MTOW (in million of tonnes) Seat load factor (in %) %p Cargo incl. trucking (in 1,000 tonnes) Passenger development of strategic investments in 2015: Malta: +7.7%, Kosice: +15.1% 3

4 75 airlines with 181 destinations in 73 countries Europe thereof Western Europe Growth due to non-network carriers +1.9% such as easyjet but also airberlin and British Airways 69.7% North America Growth through new +9.0% destinations of Miami and Newark 2.9% +0.4% 86.6% thereof Eastern Europe -5.3% 16.9% Growth based on capacity expansion to Seoul, Beijing and Taipei Middle East +8.2% 5.1% Decline mainly to Russia, growth in the Ukraine Far East +3.8% 3.7% Growth driven by launch of flight service to Abu Dhabi by Niki and capacity expansion by Qatar Airways South America Fewer seasonal flight -9.1% movements by Condor 0.1% Africa +5.3% 1.6% Growth led by Ethiopian Airlines, but strong decline to Tunesia Passenger growth compared to prior-year level Share of total passenger volume Departed passengers, figures for 2015 and development compared to

5 Country highlights in 2015 Total passengers, year-on-year change USA +13% PORTUGAL BELARUS -11% EGYPT +10% ETHIOPIA +89% RUSSIA -26% UK +13% UKRAINE KAZAKHSTAN +9% -9% GREECE +33% +9% IRAQ -28% CHINA MAROCCO IRAN +18% +140% TUNESIA +17% -43% JORDAN -17% REPUBLIC OF KOREA +31% 5

6 Strong passenger growth on long-haul routes since 2011 North America +56.9% Western Europe +9.3% Eastern Europe -3.5% Middle East Far East +3.8% Africa South America % +1.0% +16.6% Departed passengers, Europe in million, other regions in thousad 6

7 Shares of scheduled carriers 2015 Share in % Passengers PAX % vs Austrian ,388, NIKI ,411, airberlin 6.4 1,463, Lufthansa , germanwings & Eurowings , Turkish Airlines , British Airways , Emirates , SWISS , easyjet , KLM Royal Dutch Airlines , Air France , Aeroflot , Iberia , Brussels Airlines , Others , Total ,775, thereof Lufthansa Group ,895, thereof airberlin & NIKI ,875, ) easyjet: including easyjet Switzerland 2) Lufthansa Group: Austrian Airlines, Lufthansa, Germanwings, Eurowings, SWISS, Brussels Airlines, SunExpress, SunExpress Deutschland,

8 New Routes/Flight Service Cancelled in 2016 Austrian Airlines New: Shanghai, Isfahan, Bari, Havana (starting in the autumn) Terminated: Baku, Kharkov, Dubai, Palma, Rostov, seasonal stop: Astana, Barcelona, St. Petersburg NIKI New: Faro, Split, Dubrovnik Terminated: Athena, Moscow, Munich, Sharm El Sheikh, Tel Aviv, seasonal stop: Malta airberlin Reduction to Berlin, Düsseldorf, Hamburg and Hannover Alitalia Terminated: Milan, Rome easyjet New: Edinburgh, Naples, Frequency increases to Amsterdam, Berlin- Schönefeld, London-Luton Terminated: Rome Transaero Terminated: St. Petersburg, Moscow Additions: Eurowings: Alicante, Bastia, Faro, Rome and Valencia Jet2com: Edinburgh SAS: Copenhagen Transavia: Expanded service to Rotterdam, new to Paris Orly Vueling: Paris CDG 8

9 Traffic forecasts for forecast Passengers 22.8 million 0% to +2% Flight movements 226,811-1% to 0% Crises continue Pressure remains perceptible on Vienna Airport as CEE flight hub Ticket tax is competitive disadvantage Slightly optimistic outlook for passenger volume in the entire year 2016 enhanced seasonality Ongoing flat development of flight movements is expected 9

10 In the top 10: Vienna Airport is a 4-Star Airport Our service initiative is internationally acclaimed Two awards from Skytrax in 2015: 4-Star Airport and Best Airport Staff Europe Vienna Airport in good company: Only 10 European airports boast a 4-Star rating (AMS, BCN, CPH, DUS, FRA, LHR, CDG, ZRH, HEL, VIE) 10

11 CORPORATE DEVELOPMENT AND FINANCIAL GUIDANCE FOR 2016

12 Optimism for 2016: Continuation of sustainably positive business development expected Improvements in all dimensions of a sustainable corporate development: Profitability Productivity increase to the same level as the very best, and successful debt reduction Quality High customer satisfaction Ecology Enhanced energy efficiency (+11% in ) Social High employee satisfaction/reduction in the accident frequency rate/social responsibility (accommodations for refugees) 12

13 Expectations for 2016 Further increase in revenue, EBITDA and net profit Ongoing debt reduction Higher dividends for 2015 thanks to improved earnings Higher level of investments of about 95 million (e.g. runway renovation, expansion of Air Cargo Center, energy supply/photovoltaics etc.) New business location projects create additional jobs large international investment project about to be finalized further expansion of the Airport City 13

14 Successful location development The Airport City continues to grow Successful site marketing: Five new companies with over 500 employees set up business operations at the airport site (Makita, Cargo Partner, Kühne + Nagel, Eurowings, EVA Air) Further expansion of service offering: Fitness center opened in : Construction begin on the new MOXY hotel (opening in 2017), Cargo Partner, Makita Start of project development work on Office Park 4 Hermione acquisition adds more than 25,000 m² of additional development property in the core area of airport operations. 14

15 Share price development since January 2012: +180%, market capitalization over 1.7 billion 325 Indexed to % +81% +1% FWAG ATX Benchmark (FRA, ADP, ZRH) Average 15 Share price development from Jan. 1, 2012 to January 15, 2016

16 Outlook 2016 Targeted earnings improvement Outlook 2016 (Targets 2015) Revenue > 675 million (> 650 million) EBITDA > 280 million (> 260 million) Net profit 105 million (> 95 million) Net debt 400 million ( 500 million) CAPEX ~ 95 million (~ 65 million) 16

17 17 THANK YOU FOR YOUR ATTENTION!