Zurich Airport: Financial Year 2019
Flughafen Zürich AG reported an encouraging result in 2019. In the reporting period, Flughafen Zürich AG’s revenue increased by 5.0% to CHF 1.2 billion. The airport operator posted a profit of CHF 309.1 mil-lion. Additional provisions (CHF 45.8 million after taxes) for sound insulation measures in the previous year depressed the result for 2018. When adjusted for this one-off effect, profit was lifted year-on-year by CHF 25.5 million or 9.0%.
Last year, 31.5 million people arrived at, departed from or transferred to other flights at Switzerland's biggest airport. Passenger figures thus reached a new record. Both aviation and non-aviation revenue increased in the reporting period. Against the backdrop of the encouraging business trend, the Board of Directors will propose to the General Meeting of Shareholders on April 16, 2020 an ordinary dividend that is CHF 0.20 higher than that of the previous year resulting in an ordinary dividend of CHF 3.90 per share and – as in the past four years – an additional dividend from capital contribution reserves of CHF 3.20 per share.
Traffic Volumes
A total of 31,507,692 passengers travelled via Zurich Airport in 2019, a year-on-year increase of 1.3%. The number of local passengers rose moderately by 0.1% to 22.2 million. The number of passengers transferring at Zurich Airport increased by 4.2% to 9.2 million. At 29.3%, the share of transfer passengers was above the previous year’s figure (+0.9 percentage points). Flight movements totalled 275,329 in 2019, down 1.1% from the prior-year period. A total of 451,827 tonnes of freight were transported via Zurich Airport. The freight volume thus declined by 8.4% over the previous year. There was a disproportionately steep rise in the number of peak days with over 100,000 passengers – 70 in the past year (2018: 63). Once again, the increase was handled smoothly thanks to forward planning, a motivated workforce and the professional cooperation of all the airport’s partner companies.
The 2019 Annual Report of Flughafen Zürich AG is available as an online annual report.