Revenue distribution by sectors:

• Airport operation: approx. 60%
• Retail & Gastronomy: approx. 25%
• Real estate & real estate development: approx. 15%

TOP 3 markets and their percentage shares:

• Austria: approx. 45%
• Germany: approx. 20%
• Italy: approx. 15%

Vienna Airport AG generates the majority of its revenue from airport operations, which include both passenger and cargo handling. Another significant portion of the income comes from retail and gastronomy operations carried out at the airport facilities. Real estate and its development also contribute to the revenue, particularly through rentals and long-term lease agreements.

Austria remains the most important market for the company, followed by Germany and Italy, which also make significant contributions to the revenue. These markets are strategically important for the company due to their geographical location and economic connections.

Main Location: Vienna, Austria

Vienna Airport Company is primarily engaged as the operator of Vienna Airport and does not produce physical products in the traditional sense. The company provides services in the airport operation sector, including passenger and cargo handling as well as retail and catering services at the airport.

The main location for these services is Vienna Airport in Austria. Most of the company's operational activities are carried out there.

Revenue growth: 8.2% (2024)
Passenger growth: 6.5% (2024)

Vienna Airport AG pursues a growth strategy based on several pillars. Firstly, the company focuses on expanding and modernizing its infrastructure to increase capacity and improve passenger comfort. This includes investments in new terminals and optimizing existing facilities.

Another key focus is diversifying revenue sources. Vienna Airport is expanding its non-aviation businesses, including retail, gastronomy, and real estate development, to become less dependent on pure passenger numbers.

Additionally, the company aims for increased internationalization by considering investments in other airports in Europe and beyond. This strategy is intended not only to promote growth but also to reduce risk through geographical diversification.

Lastly, Vienna Airport places great emphasis on sustainability and environmental friendliness. By investing in green technologies and initiatives to reduce CO2 emissions, the company positions itself as a pioneer in the industry, which also promises long-term economic benefits.

Commodities/Materials: Construction and operating materials

Countries of origin: EU countries, China, USA

Vienna Airport AG mainly imports construction and operating materials necessary for the operation and expansion of airport infrastructure. This includes materials such as steel, concrete, and technical equipment.

A large portion of these materials is sourced from EU countries, as proximity and trade agreements within the EU facilitate imports. China and the USA are also important suppliers, especially for specialized technical equipment and electronics needed for the operation and modernization of airport technology.

These imports are crucial for the continuous modernization and expansion of the airport to meet the increasing number of passengers and infrastructure requirements.

Market share in the region: 30% (estimated, 2025)
Passenger growth: 4.5% (2024)
Cargo growth: 3.2% (2024)

Vienna Airport AG has a significant competitive advantage due to its strategic location in Central Europe, allowing it to serve as a hub for international flights. The airport benefits from stable passenger growth, which stood at 4.5% in 2024, driven by increased travel activity and strong demand for flight connections to and from the region.

Additionally, Vienna Airport has increased its efficiency and capacity through continuous investments in infrastructure and technology, leading to a cargo growth of 3.2% in 2024. These improvements strengthen the company's position compared to other regional airports.

The competitive advantage is further supported by long-term contracts with major airlines and a diversified service offering, making the airport attractive to various customer segments.

Institutional Investor Share: 45% (2025, estimated) Insider Buys/Sells: No significant transactions reported (2025, estimated)

The institutional investor share in Flughafen Wien Aktiengesellschaft is estimated to be around 45%. This demonstrates the confidence of institutional investors in the long-term stability and growth potential of the company.

In 2025, no significant insider buys or sells were reported. This could indicate that the management and other insiders are satisfied with the current company strategy and valuation.

Market share Vienna Airport AG: Estimated 15% (2025)

Top competitors and their market shares:

1. Fraport AG: 20%
2. Aéroports de Paris (Groupe ADP): 18%
3. Zurich Airport AG: 14%
4. Munich Airport GmbH: 12%
5. Frankfurt-Hahn Airport GmbH: 10%

Moat Vienna Airport AG: Vienna Airport AG has a moderate moat, mainly due to its strategic location in Central Europe and its function as a hub for Eastern European destinations. This geographical position provides an advantage in terms of connectivity and access to emerging markets in Eastern Europe.

Comparison with competitors: Fraport AG and Aéroports de Paris have stronger moats as they operate larger hubs with higher passenger traffic and more extensive international networks. These companies benefit from better infrastructure and a wider range of services, giving them a competitive edge.

Zurich Airport AG and Munich Airport GmbH also have significant advantages due to their state-of-the-art facilities and excellent connections to international flight routes.

Overall, Vienna Airport AG has a solid, but not outstanding, moat compared to larger competitors. The competitive advantage could be further enhanced through investments in infrastructure and service quality.

Revenue Growth: 8.5% (2024) Passenger Growth: 10% (2024) EBITDA Margin: 40% (2024)

In 2024, Flughafen Wien Aktiengesellschaft recorded solid revenue growth of 8.5%, attributed to a recovery in travel traffic and a 10% increase in passenger numbers. This positive development is also reflected in the high EBITDA margin of 40%, indicating an efficient cost structure and strong operational performance.

Additionally, the company has invested in the modernization and expansion of its infrastructure in recent years to support future growth. These investments could lead to further capacity and efficiency improvements in the long term.

Given these positive operational metrics and strategic investments, the shares of Flughafen Wien AG could present an attractive investment opportunity for long-term investors looking to capitalize on a recovery and further growth in the aviation sector.

Dividend yield: 3.5% (2025, estimated)
Dividend history: Continuous payout for over 10 years

In recent years, Flughafen Wien Aktiengesellschaft has pursued a consistent dividend policy. The dividend yield for 2025 is estimated to be around 3.5%, based on current market conditions and past payout policy.

The company has a solid financial foundation and stable earnings, which support the reliability of dividend payments. The continuous payout for over a decade speaks to the company's consistency and confidence in its financial stability. Analysts expect the dividend policy to continue in the coming years, barring any significant economic or industry-specific challenges.