Earnings Release • Feb 24, 2025
Earnings Release
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Date of Announcement 24 February 2025 Reference 422/2025 In terms of Chapter 5 of the Capital Market Rules
The Board of Directors of Malta International Airport plc convened on the 24th of February 2025 to approve the Group's financial results for the year ended on the 31st of December 2024 and discuss other matters.
The Group's revenues for 2024 totalled €142.9 million, translating to an increase of 18.8% over the previous year. This increase was largely driven by record traffic, which grew by nearly 15% over 2023 to amount to 8.96 million passenger movements.
With a share of 69.4%, the aviation segment was the main contributor of these revenues. On the other hand, the share stemming from the non-aviation segment amounted to 30.4%. The remaining 0.2% was generated from other activities.
Increasing by 15.8% over 2023, the earnings before interest, taxation, depreciation and amortisation (EBITDA) of the Group amounted to €87.1 million for the year under review.
The Group netted a record high profit of €46.3 million, corresponding to an increase of 15% compared to 2023.
The approved financial results for 2024 may be viewed here, while the Directors' Declaration on ESEF Annual Financial Reports is attached to this announcement.
These results have spurred the Company to approve a €345 million investment plan for the period 2025-2029. The multimillion investment will deliver significant operational improvements and further strengthen the Company's commercial portfolio, while equipping the airport with the infrastructure needed to operate more sustainably.
Further to the net interim dividend of €0.06 per share (gross: €0.0923) paid in 2024, the Board of Directors is recommending the payment of a final net dividend of €0.12 per share (gross: €0.1846) on all shares settled as at close of business on the 14th of April 2025, which dividend shall be paid by no later than the 31st of May 2025.
The Board of Directors also scheduled the Company's Annual General Meeting for Wednesday, the 14th of May 2025. Shareholders on the register of members at the Central Securities Depository as at close of business on the 14th of April 2025 shall be eligible to receive notice of, attend and vote at the Annual General Meeting.
Signed:
Louis de Gabriele
Company Secretary
About Malta International Airport
Malta International Airport welcomed 8.96 million passengers in 2024, registering growth of almost 15% over the previous year. A flight schedule that connected the Maltese Islands to 109 destinations was in part the driver of this result.
The Company continued to invest in the airport campus throughout the year, with one of the most significant achievements being the inauguration of four new aircraft parking stands as part of the Apron 8 South project. New CT scanners at the Security Screening Area and the addition of a new baggage reclaim belt were two other noteworthy investments for 2024 that have contributed to an improved airport experience.
The year 2024 was significant in terms of achievements related to sustainability. The Company published its first Net Zero Carbon Plan and satisfied all criteria to be able to progress to Level 3 of the Airport Carbon Accreditation programme. The Company also kick-started works on a new €4 million photovoltaic farm in the last quarter of the year.
A decade of the Malta Airport Foundation, an independently administered non-profit organisation, was celebrated in 2024. The Foundation has been instrumental in supporting different entities in preserving and promoting the Maltese Islands' cultural, artistic and environmental heritage.
Malta International Airport plc is a public company listed on the Malta Stock Exchange, with its shareholders being the Malta Mediterranean Link Consortium (40%), with Flughafen Wien AG owning a 96% share, the Government of Malta (20%), the general public (29.9%), and VIE Malta Limited (10.1%).

Malta International Airport pic Luga LOA 4000, Malta
TEL 2124 9600 FAX 2124 9563 EMAIL [email protected]
We, Nikolaus Gretzmacher, Alan Borg and Karl Dandler, in our capacity as Directors of Malta International Airport p.l.c - C12663, hereby certify:
Nikolaus Gretzmacher Chairman
Alan Borg Director
Karl Dandler Director
24th February 2025
1 Commission Delegated Regulation 2019/815 on the European Single Electronic Format, as may be further amended from time to time.
2 Capital Markets Rules as issued by the Malta Financial Services Authority (MFSA).
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