Swiss perspectives in 10 languages

Zurich airport posts record profits for 2024

Flughafen Zürich spoils shareholders after soaring profits
Flughafen Zürich spoils shareholders after soaring profits Keystone-SDA

Zurich airport saw improved revenues and record profitability, buoyed by higher passenger numbers last year.

+Get the most important news from Switzerland in your inbox

At group level, revenues came to almost CHF1.33 billion, compared with CHF1.24 billion in 2023. Earnings before interest, taxes, depreciation and amortisation (Ebitda) improved by 8% to CHF733 million, with a margin of 55.3% after 54.7%.

Net profit rose by 7% to CHF326.7 million, setting a “new record”, according to a press release issued on Friday.

The distribution to shareholders has been increased from CHF5.30 to CHF5.70 per share.

The dividend consists of an ordinary distribution of CHF 4.30 per share, plus a supplement of CHF 1.40 per share.

This performance is in line with the expectations of analysts consulted by AWP, even if both profit and dividend are below consensus.

In January, the company announced that it would handle 31.2 million passengers in 2024, up 8% on 2023. This exceeded the company’s own expectations (30 million passengers), and virtually restored its pre-Covid-19 pandemic levels.

For the current financial year, management is forecasting 32 million passengers at Switzerland’s busiest airport, “a new record”.

More

Translated from French by DeepL/mga

This news story has been written and carefully fact-checked by an external editorial team. At SWI swissinfo.ch we select the most relevant news for an international audience and use automatic translation tools such as DeepL to translate it into English. Providing you with automatically translated news gives us the time to write more in-depth articles.

If you want to know more about how we work, have a look here, if you want to learn more about how we use technology, click here, and if you have feedback on this news story please write to english@swissinfo.ch.

Popular Stories

Most Discussed

News

In compliance with the JTI standards

More: SWI swissinfo.ch certified by the Journalism Trust Initiative

You can find an overview of ongoing debates with our journalists here . Please join us!

If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR

SWI swissinfo.ch - a branch of Swiss Broadcasting Corporation SRG SSR