Flughafen Wien AG operates in the Airports, flying fields, & services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Flughafen Wien with three other
airport companies in Europe:
TAV Havalimanlari Holding AS
of TURKEY
(2020
sales of 2.43 billion Turkish Liras [US$281.52 million]
of which 56%
was Ground Handling and Bus Operations),
Copenhagen Airports A/S
of DENMARK
(1.58 billion Danish Kroner [US$248.46 million]
of which 56%
was Non-Aeronautical), and
Frequentis AG
(305.98 million Euros [US$358.71 million]
of which 66%
was Air Traffic Management).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Flughafen Wien totalled
71.09 million Euro.
This is
an increase of 106.7%
from the 34.39 million Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Flughafen Wien in the previous 35 quarters.
During the first two
quarters of 2021, sales totalled 128.61 million Euro, which is
34.3% lower
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Flughafen Wien: during 8 of the previous 9
years, sales were highest during the third quarter.
The exception to this was during 2020, when the
first quarter was the best quarter, accounting for
48% of sales (during that same year, the
third quarter accounted for 24% of sales).
Flughafen Wien reported sales of 333.67 million Euro (US$391.18 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 61.1%
versus 2019, when the company's sales were 857.62 million Euro.
Contributing to the drop in overall sales was the 67.9% decline
in Malta, from 100.31 million Euro to 32.20 million Euro.
There were also decreases in sales in
Airport (down 67.7% to 133.04 million Euro)
and
Handling and Security Services (down 48.2% to 86.11 million Euro)
and
Retail and Properties (down 56.7% to 70.37 million Euro)
and
Other Segments (down 28.2% to 11.96 million Euro)
.