Traffic Results for 2012 and Traffic Results for 2012 and

Outlook for 2013

2012: Strong growth in passenger traffic with +5.0%
Vienna Airport sets new record with 22.2 million passengers
2012 2011 in %
Passengers (in mill.) 22.2 21.1 +5.0
Transfer passengers (in mill.) 7.1 6.5 +8.1
L l (i ill ) 15 1 14 5 +3 8 Local passengers (in mill.) 15.1 14.5 +3.8
Flight movements (in 1,000) 244.7 246.2 -0.6
MTOW (in mill. tonnes) 8.1 8.3 -1.7
Cargo incl trucking (in 1 000 tonnes) 252 3 277 8 -9 2 Cargo incl. trucking (in 1,000 tonnes) 252.3 277.8 9.2
Seat occupancy (in %) 73.0 69.6 +3.4%p
PAX growth tops the EU average (ACI Jan-Nov 2012: 1.9%)
2012: 71 airlines, 179 destinations in 67 countries
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The leading hub to Eastern Europe with 38 destinations
+5.4%
87.9%
+3 5 %
+12.1%
20.1%
+2.4%
+3.5 %
+8 3%
1.9%
67.8%
-5.9%
+8.3%
4.9%
3.5%
+11.9%
Strongest destinations
Destinations to Eastern Europe:
VIE: 38, MUC: 35, FRA: 34, ZRH: 19
1.8%
West Eur.: Frankfurt, London, Zurich
East Eur.: Moscow, Bucharest, Sofia
Long-haul: Bangkok, New York, Tokyo
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Traffic results by airline
2012 2011 2012 in %
Passengers (in mill.) 22.2 21.1 +5.0
Share in % Share in % PAX absolute PAX in %
Austrian 49.5 50.0 10,973,263 +4.0
Lufthansa 5.5 5.2 1,222,283 +12.2 Lufthansa 5.5 5.2 1,222,283 12.2
Germanwings 2.2 2.3 495,263 +2.2
Swiss Intl. 1.5 1.6 338,546 +0.9
Total Lufthansa Group
1)
60.8 61.7 13,468,925 +3.5
Niki 12.0 11.6 2,670,706 +9.2
Airberlin 6.3 6 5 1 387 728 +1 6 Airberlin 6.3 6.5 1,387,728 1.6
Total Niki & Air Berlin 18.3 18.1 4,058,434 +6.5
British Airways 1.7 1.6 374,392 +11.9
Turkish Airlines 1.7 1.3 367,082 +34.5
Air France 1.5 1.5 335,148 +9.4
Emirates 1.5 1 3 331 899 +19 2 Emirates 1.5 1.3 331,899 +19.2
Other 14.6 14.6 3,229,914 +4.5
1) Including Brussels Airlines, SunExpress, British Midland and Air Dolomiti
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44
Passager growth tops comparable airports
PAX 2012: FRA +1.9%, MUC +1.6%, ZHR +1.9%, VIE +5.0%
60.0
PAXinmill.2000 2011
CAGR:+1.2%
PAX:56.4
PAX2011inmill.
CAGR0011in%
FRA
CAGR0006 CAGR0611
40 0
50.0
PAX:37.8
MUC
+1.1%
+1.3%
30.0
40.0
CAGR:+4.6%
MUC
PAX:24.3
CAGR:+0.6%
ZRH
+4.9%
+4.2%
20.0
PAX:21.1
CAGR:+5.3%
VIE
CAGR: +7 1%
PAX:11.8
PRG
2.7%
+4.8%
+5.9%
+4.6%
+0.4%
0.0
10.0
CAGR:+7.1%
CAGR:+6.9%
PAX:8.9
BUD
PAX:1.6
BTS
+0.4%
+13.0%
+12.5% +1.5%
3.9% +37.7%
0.0
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
CAGR:+1.2%
BTS
Source:VIE:inhouse;PeerGroup:homepages
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55
Forecast for 2013: slight increase in number of passengers
Passengers +1 to +2% g
Flight movements -1.5 to -2.5%
Maximum take-off weight (MTOW) +/- 0% g ( )
Assumptions:
Increase in size of aircraft (more seats per movement)
Seat occupancy remains stable at 2012 level
Austrian: increase in productivity and capacity utilisation
Fleet restructuring to be completed in 2013
Niki: increase in capacity (replacement of Embraer by A319)
Hub to Greece instead of destinations in Eastern Europe
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66
Aviation will remain a growth market over the long-term
PAXindexed
Traffic development VIE vs. ACI Europe 2009-2020
160
170
VIE
Statistics
Forecast
VIE 10-20 +4.2%
150
160
ACI Europe
VIE
VIE 12-20 +3.6%
ACI 12-20 +3.4% VIE 09-12 +7.0%
130
140
09 0%
ACI 09-12 +4.5%
120
130
100
110
CAGR 12-20 CAGR 09-12
Source: ACI: ACI: ACI EUROPE Airport Traffic Report and Global Traffic Forecast 2012-2031;VIE: in-house
100
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
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77
Good progress with infrastructure modernisation
Check-in 1 in operation since 9.1.2013 approx. 33,000 passengers
already handled
Greater comfort for NIKI and airberlin passengers
as well as other airlines
Check-in 1 is a benchmark for barrier-free access
Reduction in passenger routes from B- and
C Gates to arrivals hall to new shorter C-Gates to arrivals hall to new shorter
distance (450 metres!) by spring 2013
Successive modernisation of older buildings Successive modernisation of older buildings
Extensive cooperation for Check-in 3 with
associations for disabled persons
Operations suspended in Check-in 2
decision in first half of 2013
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88
All major corporate targets met in 2012
Optimistic outlook on 2013
SUBSTANTIAL IMPROVEMENT IN PRODUCTIVITY
Optimistic outlook on 2013
One-half of target met for 20% increase in productivity
Increase in share price investors confidence returns
Sustainable reduction realised in other administrative operating expenses
and personnel costs
Continuation of debt reduction costs for Check-in 3 (Skylink)
clearly below 750 million
Professionalised project management recommendations by Austrian Professionalised project management recommendations by Austrian
Auditor Generals office implemented; appointment of new construction
and real estate management
Location marketing and real estate strategy will be a focal point in 2013
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99
Investors confidence returns:
Year-on-year comparison shows +60% in share price
over lowest level
45
over lowest level
40
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09.2011 10.2011 11.2011 12.2011 01.2012 02.2012 03.2012 04.2012 05.2012 06.2012 07.2012 08.2012 09.2012 10.2012 11.2012 12.2012 01.2013
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10 10
Financial targets for 2013: optimistic outlook g p
Guidance 2012 Financial targets for 2013
Revenue > 600 mill. Increase, higher than 625 mill.
EBITDA > 200 mill.
Clear improvement,
higher than 230 mill.
Net profit > 60 mill. At 2012 level, higher than 65 mill. p , g
< 3 5 EBITDA Substantial decline less than/equal to
Net debt
< 3.5x EBITDA
751.7 mill.
Substantial decline, less than/equal to
2.9xEBITDA (below 680 mill.)
CAPEX 100 mill. Stable at approx. 115 mill.
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Location marketing and real estate strategy
as a focal point for 2013
ON THE WAY TO THE AIRPORT CITY: Medium-term earnings
as a focal point for 2013
g
improvement through optimisation of large real estate portfolio. No sale of
property within airport limits or car parks
NEW: real estate manager appointed as of February 2013 to ensure
optimal marketing
Investments started to improve energy efficiency Investments started to improve energy efficiency
Development of budget hotel to expand hotel offering
Optimisation of conference offering and cargo facilities Optimisation of conference offering and cargo facilities
Possible sale of Cargo-North under favourable market conditions
Construction of new maintenance hangar Construction of new maintenance hangar
Development with partner or sale Business Park Fischamend
Medium-term renovation/expansion of office offering as required by p g q y
demand
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Traffic Results for 2012 and Traffic Results for 2012 and
Outlook for 2013