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2014 Compact

External Activities & Services TherevenueoftheExternalActivities&Services segment decreased in 2014 by €18.4 million to €398.5 million. Adjusted for the recog- nition of earnings-neutral capacitive capital expenditure in the Group companies Twin Star and Lima (IFRIC 12), revenue grew from €351.2 million in the previous year to €387.7 million in the period under review. The reason for the increase in revenue was largely the positive development in the ex- isting Group companies in Varna and Burgas as well as in Lima. The newly acquired Group companies AMU Holdings Inc. and Ljubljana also led to a rise in revenue. Overall, the segment EBITDA improved by €11.3 million to €152.4 million as a result of the positive underlying revenue increase as well as the new investments. An increase in depreciation and amortization led to a segment EBIT of €84.8 million, thereby equaling the previous year’s level. Segments Aviation In financial year 2014, the Aviation segment generated revenue amounting to €884.2 mil- lion. This was €38.6 million more than in the previous year. The key reasons for this growth were the increased passenger numbers at the Frankfurt site and the increase in airport charges. Despite an increase in personnel expenses, the segment EBITDA improved by €29.0 million to €236.9 million as a result of positive revenue development. Slightly higher depreciation and amortization led to a seg- ment EBIT of €115.5 million, corresponding to a growth of €24.9 million. Retail & Real Estate At €455.7 million, revenue of the Retail & Real Estate segment was below the previous year’s value by €8.5 million. The decrease in revenue was primarily due to lower retail revenue, as well as revenue from land sales and energy supply services. Retail revenue fell largely due to a changed passenger structure and reductions in purchasing power in connection with the strong € exchange rate. The “net retail revenue per passenger” decreased from €3.60 to €3.43. With a decrease in expenses related to land sales, energy supply services, and utilities, the EBITDA rose by €6.8 million to €356.5 million. A slight decrease in depre- ciation and amortization led to a segment EBIT of €275.0 million, representing an €8.0 million increase compared to the previous year’s value. Ground Handling The higher passenger number and the in- crease in infrastructure charges led to a growth in revenue by €7.2 million to €656.2 million in the Ground Handling segment. Whereas per- sonnel expenses rose because of increases in pay under collective bargaining agreements, material and other operating expenses fell. Overall, the segment EBITDA saw growth of €10.1 million to €44.3 million. A slight de- crease in depreciation and amortization led to a segment EBIT of €7.5 million. Compared with the previous year, this meant a significant improvement of €11.9 million. Segment contribution to Group revenue 2014 36.9 Aviation 16.7 External Activities & Services 19.0 Retail & Real Estate 27.4 Ground Handling in % Segment contribution to Group EBITDA 2014 30.0 Aviation 19.3 External Activities & Services 45.1 Retail & Real Estate 5.6 Ground Handling in % 252014 Compact Financial Development

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