Upcoming Dividend • Jun 04
Upcoming dividend of €1.65 per share Eligible shareholders must have bought the stock before 09 June 2026. Payment date: 12 June 2026. Payout ratio is a comfortable 74% but the company is paying out more than the cash it is generating. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.0%). Reported Earnings • May 22
First quarter 2026 earnings released: EPS: €0.44 (vs €0.42 in 1Q 2025) First quarter 2026 results: EPS: €0.44 (up from €0.42 in 1Q 2025). Revenue: €244.4m (up 6.6% from 1Q 2025). Net income: €37.2m (up 4.3% from 1Q 2025). Profit margin: 15% (in line with 1Q 2025). Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 20
Dividend of €1.65 announced Dividend of €1.65 is the same as last year. Ex-date: 9th June 2026 Payment date: 12th June 2026 Dividend yield will be 3.4%, which is higher than the industry average of 3.2%. Sustainability & Growth Dividend is covered by earnings (75% earnings payout ratio) but not covered by cash flows (224% cash payout ratio). The dividend has increased by an average of 13% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 19% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jan 22
Flughafen Wien Aktiengesellschaft Provides Revenue Guidance for the Year 2026 Flughafen Wien Aktiengesellschaft provided revenue guidance for the year 2026. For the year, the company expects total revenue of approx. €1,050 million in the entire year 2026. Announcement • Dec 09
Flughafen Wien Aktiengesellschaft, Annual General Meeting, Jun 03, 2026 Flughafen Wien Aktiengesellschaft, Annual General Meeting, Jun 03, 2026. Announcement • Mar 04
Flughafen Wien Aktiengesellschaft announces Annual dividend, payable on June 16, 2025 Flughafen Wien Aktiengesellschaft announced Annual dividend of EUR 1.6500 per share payable on June 16, 2025, ex-date on June 11, 2025 and record date on June 12, 2025. Announcement • Jan 27
Flughafen Wien Aktiengesellschaft, Annual General Meeting, Jun 06, 2025 Flughafen Wien Aktiengesellschaft, Annual General Meeting, Jun 06, 2025. Announcement • Jan 17
Flughafen Wien Aktiengesellschaft Provides Traffic and Earnings Guidance for the Full Year 2025 Flughafen Wien Aktiengesellschaft provided traffic and earnings guidance for the full year 2025. for the year, the company expects slight growth to approx. 42 million passengers and slightly positive development with about 32 million passengers at Vienna Airport.
for the year, the company also expect revenue growth to about €1.08 billion, Group net profit of around €230 million. Reported Earnings • Nov 17
Third quarter 2024 earnings released: EPS: €1.07 (vs €0.99 in 3Q 2023) Third quarter 2024 results: EPS: €1.07 (up from €0.99 in 3Q 2023). Revenue: €308.1m (up 12% from 3Q 2023). Net income: €89.7m (up 7.9% from 3Q 2023). Profit margin: 29% (down from 30% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 21
Second quarter 2024 earnings released: EPS: €0.76 (vs €0.61 in 2Q 2023) Second quarter 2024 results: EPS: €0.76 (up from €0.61 in 2Q 2023). Revenue: €282.0m (up 11% from 2Q 2023). Net income: €63.7m (up 25% from 2Q 2023). Profit margin: 23% (up from 20% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 03
Upcoming dividend of €1.32 per share Eligible shareholders must have bought the stock before 10 June 2024. Payment date: 13 June 2024. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (3.8%). Reported Earnings • May 03
Full year 2023 earnings released: EPS: €2.01 (vs €1.29 in FY 2022) Full year 2023 results: EPS: €2.01 (up from €1.29 in FY 2022). Revenue: €937.5m (up 34% from FY 2022). Net income: €168.4m (up 56% from FY 2022). Profit margin: 18% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 05
Full year 2023 earnings released Full year 2023 results: Revenue: €931.5m (up 33% from FY 2022). Net income: €168.4m (up 56% from FY 2022). Profit margin: 18% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Infrastructure industry in Europe. Declared Dividend • Mar 01
Dividend increased to €1.32 Dividend of €1.32 is 71% higher than last year. Ex-date: 10th June 2024 Payment date: 13th June 2024 Dividend yield will be 2.7%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (21% cash payout ratio). The dividend has increased by an average of 11% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 25% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 19
Third quarter 2023 earnings released: EPS: €0.99 (vs €0.61 in 3Q 2022) Third quarter 2023 results: EPS: €0.99 (up from €0.61 in 3Q 2022). Revenue: €279.7m (up 31% from 3Q 2022). Net income: €83.1m (up 62% from 3Q 2022). Profit margin: 30% (up from 24% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 107% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 20
Second quarter 2023 earnings released: EPS: €0.60 (vs €0.48 in 2Q 2022) Second quarter 2023 results: EPS: €0.60 (up from €0.48 in 2Q 2022). Revenue: €247.7m (up 35% from 2Q 2022). Net income: €51.0m (up 28% from 2Q 2022). Profit margin: 21% (down from 22% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 05
Upcoming dividend of €0.77 per share at 1.7% yield Eligible shareholders must have bought the stock before 12 June 2023. Payment date: 15 June 2023. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.1%). Reported Earnings • May 21
First quarter 2023 earnings released: EPS: €0.27 (vs €0.078 in 1Q 2022) First quarter 2023 results: EPS: €0.27 (up from €0.078 in 1Q 2022). Revenue: €183.3m (up 65% from 1Q 2022). Net income: €23.0m (up 254% from 1Q 2022). Profit margin: 13% (up from 5.9% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Infrastructure industry in Europe. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Buying Opportunity • Feb 23
Now 21% undervalued Over the last 90 days, the stock is up 8.7%. The fair value is estimated to be €43.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 33% in 2 years. Earnings is forecast to grow by 51% in the next 2 years. Reported Earnings • Aug 20
Second quarter 2022 earnings released: EPS: €0.48 (vs €0.085 loss in 2Q 2021) Second quarter 2022 results: EPS: €0.48 (up from €0.085 loss in 2Q 2021). Revenue: €188.3m (up 165% from 2Q 2021). Net income: €39.9m (up €47.0m from 2Q 2021). Profit margin: 21% (up from net loss in 2Q 2021). Over the next year, revenue is forecast to grow 12%, compared to a 18% growth forecast for the Infrastructure industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 30
Full year 2021 earnings released: EPS: €0.04 (vs €0.87 loss in FY 2020) Full year 2021 results: EPS: €0.04 (up from €0.87 loss in FY 2020). Revenue: €424.1m (up 26% from FY 2020). Net income: €3.20m (up €76.0m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the next year, revenue is forecast to grow 33%, compared to a 30% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 04
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: €0.04 (up from €0.87 loss in FY 2020). Revenue: €424.1m (up 26% from FY 2020). Net income: €3.20m (up €76.0m from FY 2020). Profit margin: 0.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 8.5%. Over the next year, revenue is forecast to grow 31%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 22
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: €0.35 (up from €0.28 loss in 3Q 2020). Revenue: €145.9m (up 77% from 3Q 2020). Net income: €29.2m (up €52.6m from 3Q 2020). Profit margin: 20% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 68%, compared to a 39% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 21
Second quarter 2021 earnings released: €0.086 loss per share (vs €0.39 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: €80.5m (up 143% from 2Q 2020). Net loss: €7.12m (loss narrowed 78% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 69 percentage points per year, which is a significant difference in performance. Reported Earnings • May 24
First quarter 2021 earnings released: €0.28 loss per share (vs €0.19 profit in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and control over costs. First quarter 2021 results: Revenue: €59.0m (down 63% from 1Q 2020). Net loss: €23.7m (down 252% from profit in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • May 05
Full year 2020 earnings released: €0.87 loss per share (vs €1.89 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €337.2m (down 61% from FY 2019). Net loss: €72.8m (down 146% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 06
Full year 2020 earnings released: €0.87 loss per share (vs €1.89 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €341.2m (down 61% from FY 2019). Net loss: €72.8m (down 146% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 06
Revenue beats expectations Revenue exceeded analyst estimates by 0.4%. Over the next year, revenue is forecast to grow 29%, compared to a 11% growth forecast for the Infrastructure industry in Germany. Is New 90 Day High Low • Feb 26
New 90-day high: €30.90 The company is up 14% from its price of €27.00 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Infrastructure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.55 per share. Is New 90 Day High Low • Dec 28
New 90-day high: €29.35 The company is up 25% from its price of €23.40 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 34% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €18.99 per share. Is New 90 Day High Low • Dec 03
New 90-day high: €27.25 The company is up 7.0% from its price of €25.40 on 04 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Infrastructure industry, which is up 24% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €55.82 per share. Reported Earnings • Nov 19
Third quarter 2020 earnings released: €0.28 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: €82.5m (down 66% from 3Q 2019). Net loss: €23.4m (down 137% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Nov 09
Market bids up stock over the past week After last week's 24% share price gain to €24.85, the stock is trading at a trailing P/E ratio of 27.1x, up from the previous P/E ratio of 21.8x. This compares to an average P/E of 17x in the Infrastructure industry in Europe. Total return to shareholders over the past three years is a loss of 22%. Valuation Update With 7 Day Price Move • Oct 30
Market pulls back on stock over the past week After last week's 15% share price decline to €19.86, the stock is trading at a trailing P/E ratio of 25.6x, down from the previous P/E ratio of 30.2x. This compares to an average P/E of 17x in the Infrastructure industry in Europe. Total return to shareholders over the past three years is a loss of 39%. Is New 90 Day High Low • Oct 29
New 90-day low: €21.15 The company is down 17% from its price of €25.35 on 30 July 2020. The German market is down 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €71.57 per share. Is New 90 Day High Low • Oct 08
New 90-day low: €22.25 The company is down 11% from its price of €24.95 on 09 July 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is down 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.86 per share.