Flughafen Wien AG

The year kept us rather busy because we saw challenging market conditions. On the one hand, we had a decrease in our tariffs of 4.5% in passenger tariffs and 2.1% in landing tariffs. We saw the move of from Vienna to Bratislava and the closure of their base in Vienna and also Ryanair decreased seat capacity and on top of that the conflict in the Middle East also substantially negatively influenced passenger numbers The volume to the region was down roughly 45% in the first half of 2026. We see now a recovery, but it's still at roughly minus 30, so not at the previous levels. So putting all that together, it resulted in passenger decrease in Vienna and what we not expected in that amount, all that was outrated by dynamic growth in Malta and also in Kosice. So Malta grew with 15.6% and Kozice above 40% plus. Kozice is the reason that a public service obligation was awarded from the Republic of Slovakia to Visea to serve the destination Kozice to Bratislava. So putting all together we saw a slight increase in turnover and a slight increase in total passenger numbers for the group. Resulting from that we can slightly improve our passenger and financial guidance. So our passenger guidance can now be raised to approximately 42.5 from before 41.5 and a plus of 500,000 to 30 million point five passengers in Vienna. We also and slightly improve our financial guidance with a revenue of around 1.80 million, EBITDA of around 425 and net profit before non-controlling interest of around 220 million and net profit attributable to equity holders of the parent of around 190 million. The difference from 220 to 190 outlines the growing impact of Malta for our group results. So if we look at the figures in detail, you see that revenue is more or less flat with 0.9%. EBITDA is up 7.3, EBIT is up 9.1, financial results are still positive but decreasing, that is due to lower interest rates and also to lower volume as we will see later. So the group net profit ends up with 123.2. It's a plus of 7% and after non-controlling interests to 108.3 plus 5.4%. The reasons for the higher profitability are on the one hand cost management and cost reductions. If we go into the detail, for example, one major position is maintenance, and we have not reduced the level of maintenance, so the expenses are more or less We had provisions for some of the projects who could be used this year. Higher investments also include more own personal used for these investments. So also there we see a positive effect for overall results. And January, February had a very severe winter. So also revenues from de-icing contributed positively. but more than half of the positive effect comes from the results in Malta. If we look at the operating expenses, you see depreciation and amortization This is a trend we will see also in the coming years, both in Vienna and in Malta, and it's the result of our investments there. Other operating expenses are strongly lower, with 13.8% to 74.6%. and very important personal expenses are only up with 1.2% due to the fact that we reduced staff throughout the year, roughly 200 headcounts.

The reduced maintenance expenses as I already outlined

are connected with provisions we could use from last year. And there are cost reductions and cost improvements all over the board. And all our departments and total companies were part of our cost savings program.