Air traffic Zurich Airport 2024 with higher revenue and profit
Zurich Airport has continued to grow in 2024. Both revenue and profit were well up on the previous year. Shareholders can look forward to a higher dividend.
07.03.2025, 07:26
SDA
Revenue increased by 7.3 percent to 1.33 billion Swiss francs as a result of the further rise in passenger numbers, as the airport operator announced on Friday. Compared to the last pre-crisis year 2019, this represents an increase of almost 10 percent, although the airport still counted just fewer passengers last year than before the pandemic.
The reason for this is not least the increased income from real estate and international business, as can be seen from the communiqué.
Expectations well met
Meanwhile, operating costs rose at a slightly lower rate of around 6 percent to CHF 673 million. Accordingly, operating profit (EBITDA) was 8.3 percent higher at CHF 733 million and the corresponding margin was 55.3 percent after 54.7 percent in the previous year.
Net profit increased by 7.6 percent to 327 million Swiss francs. Shareholders can look forward to a 40 centime higher dividend of CHF 5.70 per share.
Analysts' expectations were thus well met. In particular, the operating profit (EBITDA) and the corresponding margin were slightly above expectations.
More passengers expected in 2025 than before the pandemic
The airport operator remains confident for the current year. The management expects the passenger record of 31.5 million from 2019 to be broken for the first time in 2025 with "around" 32 million. Last year it was already 31.2 million again.
The airport operator has also announced a change to the Board of Directors. Beat Schwab is to become a member of the Board of Directors as a representative of the Canton of Zurich from 1 May 2025. He will replace Vincent Albers, who is leaving the Board after ten years.
