Earnings Release • Mar 12, 2020
Earnings Release
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Disclosed inside information pursuant to article 17 Market Abuse Regulation (MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.
Disclosure of inside information pursuant to Article 17 Market Abuse Regulation (MAR)
Earnings Forecast/Insider (ad hoc) press release/profit warning 12.03.2020
Vienna Airport - Ad hoc press release / Flughafen Wien AG profit warning:
Coronavirus travel restrictions in conjunction with a massive reduction of flights at Vienna Airport have a strong negative effect on revenue and net profit of the financial year
Previous guidance can definitely not be reached, new forecast currently not possible due to uncertainty of future development
Emergency measures to safeguard operations and to cut costs are implemented
Vienna, Austria, 12 March 2020 - As a result of the current Coronavirus crisis and the ensuing massive restrictions of air traffic the Board of Flughafen Wien AG declares the following:
In light of the massive reduction of flights at Vienna Airport by operating airlines, revenue and net profit forecasts of Flughafen Wien AG for the financial year 2020 can no longer be reached. A new forecast is currently not possible due to uncertainty of the development in the next months.
Emergency measures to safeguard operations and to cut costs are implemented. These include the preparation of reduced working hours and further measures to cut costs sustainably.
Information published by: Flughafen Wien Aktiengesellschaft 1300 Vienna Airport, Vienna Austria
Further inquiry note: Contact: Corporate Communications Flughafen Wien AG
Press Office Peter Kleemann, Company Spokesman Tel.: (+43-1-) 7007-23000 E-Mail: [email protected] Website: www.viennaairport.com
Investor Relations
Christian Schmidt Tel.: (+43-1-) 7007-23126 E-mail: [email protected]
end of announcement euro adhoc
issuer: Flughafen Wien AG Postfach 1 A-1300 Wien-Flughafen phone: +43 1 7007 - 23126 FAX: +43 1 7007 - 23806 mail: [email protected] WWW: http://viennaairport.com/unternehmen/investor_relations ISIN: AT00000VIE62 indexes: stockmarkets: Wien language: English
Aussendung übermittelt durch euro adhoc The European Investor Relations Service
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