Flughafen Wien Aktiengesellschaft (VIAAY) Q1 2026 Earnings Call Transcript

Günther Ofner
CFO & Member of the Management Board

You already saw our main results, and we had a moderate revenue and earnings increase in Q1 ’26. Revenue up 6.1%, EBITDA up 8.2%, and group net profit up 5.3%. We saw overall a positive traffic development in the group with 5.3% plus, especially resulting in strong growth in Malta and Košice. In Vienna, it was 1.6%, including Air India transit passengers in the refueling stops. We saw a positive non-aviation performance, higher de-icing revenues and no winter incentive compared to 2025, which positively contributed to our results. We successfully implemented and are still in the process of implementation of our cost saving and efficiency measures. And I hope we can realize all the plans throughout the year.

Clearly, the Middle East conflict is increasing uncertainty for the coming months. And hopefully, these negative effects will stop very soon. What might be of more importance midterm, at least are the effects of higher fuel costs, which might result in some airline capacity adjustments and also higher ticket prices by many of the carriers to offset these additional costs. Despite all that uncertainty, we can confirm our passenger and financial outlook for 2026 so far. And I hope that the rest of the year will not prove us wrong.

If we move on, you see that our financial results are positive, also reduced by half due to the fact that